You will necessarily need a FASTag for your car if you are on a road trip and crossing the toll plazas on Indian National Roads, as of January 1. This confirmation comes from the Union Minister of Transport for Road, Highways and MSMEs, Nitin Gadkari, who has said that FASTags …
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The retail payments body, National Payments Corporation of India (NPCI), said on Thursday that it has completed the private placement of 4.63% of its equity shares. ₹Rs 81.64 crore, allowing small finance and payment banks as well as fintechs to be shareholders in the organization. NPCI had made an offer …
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Finance Minister Nirmala Sitharaman told bankers on Tuesday to only issue Rupay cards as the first choice for customers, and also to deposit all bank accounts with the Aadhar number and, when necessary, with the pan card for December this year. “Rupay should be the only card you should promote,” …
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A day after the National Payments Corporation of India (NPCI) announced a 30% market capitalization for digital payments companies in UPI, market leader Google Pay said it could affect further UPI adoption in the country. The cap comes at a time when WhatsApp Pay launched in India on Friday after …
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The digital payments space in India, specifically UPI payments services, is about to undergo a major restructuring. The National Payments Corporation of India (NPCI) has made it official that a new limit will apply as of January 1, 2021 requiring that no third party application provider (TPAP) can exceed more …
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‘We are working with five leading banks in India: ICICI Bank, HDFC Bank, Axis Bank, State Bank of India and Jio Payments Bank. People can send money on WhatsApp to anyone using a UPI-compliant app, ‘according to a blog post Following the approval of the National Payments Corporation of India …
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The digital payments space in India is about to get a bit more exciting, with WhatsApp Pay finally implemented for WhatsApp now available for iPhone and WhatsApp for Android users in India. Of course, you will need to have the latest version of WhatsApp installed on your phone for the …
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Facebook has been testing WhatsApp payments in India for years India allowed Facebook Inc. to start operating its WhatsApp payments service in the world’s largest open technology market. WhatsApp Pay can be activated through the homegrown multi-bank unified payments interface, the National Payments Corporation of India said in a statement …
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The National Payments Corporation of India (NPCI) has set a 30% limit on the total volume of UPI transactions processed by third party application providers (TPA), which will take effect from January 2021. UPI, The unified payments interface has surpassed two billion transactions, according to the NPCI, and TPAs such …
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The Google Pay digital payments app is not yet available to Apple iPhone users in India. The Google Pay app, formerly known as Google Tez, was not listed on the Apple App Store yesterday and is not yet available. Google confirmed yesterday that the app wasn’t on the list to …
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