The National Payments Corporation of India (NPCI) has an important message for third-party UPI apps like Google Pay, Paytm, PhonePe etc. and others. In a circular issued recently, NPCI has asked third-party apps and banks to deactivate the UPIIDs and numbers that have been inactive for more than a year. For those unaware, NPCI is …
Digital transactions in India have been revolutionised through the introduction of Unified Payments Interface (UPI). It offers unmatched convenience and speed when it comes to transferring money or making payments. However, there may be instances when you need to reverse a UPI transaction due to reasons such as accidental transfers, incorrect recipients, or unauthorised payments. …
Unified Payment Interface (UPI) has become one of the most popular ways for transactions in India. To improve convenience in payments, the governor of the Reserve Bank of India (RBI) recently launched a new feature called UPI Lite X. This feature will allow users to send and receive money while being completely offline. RBI governor …