UPI now accepted in Nepal: How it works and other key details

UPI now accepted in Nepal: How it works and other key details

UPI in Nepal: UPI will now be operational in Nepal as well, National Payments Corporation of India (NPCI) announced. The move will help UPI users to scan QR codes for payments while travelling to Nepal as the NPCL said, “NPCI International Payments Ltd (NIPL), the international division of the National Payments Corporation of India (NPCI), …

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Paytm’s Troubles Drive Indian Customers to Walmart, Google

Paytm’s Troubles Drive Indian Customers to Walmart, Google

Paytm’s regulatory troubles appear to have pushed Indian consumers to Walmart and Google-owned payments operations. Data released Wednesday (March 5) by the National Payments Council of India (NPCI) showed that the value of Paytm payments made using the country’s Unified Payments Interface (UPI) system fell 14% between January and February. Meanwhile, PhonePe, owned by Walmart and Google’s GPay, saw a respective 7% and 6% …

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Paytm Turning to Banks to Process UPI Transactions

Paytm Turning to Banks to Process UPI Transactions

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. The company is likely to work with Aix Bank, HDFC, Yes Bank and the State Bank of India to process transactions though India’s popular unified payments interface (UPI), Reuters reported Monday (Feb. 26), citing two sources familiar with the matter. The news comes as …

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Google Pay to Roll Out SoundPod With Audio Alerts to Merchants in India After Year-Long Pilot

Google Pay to Roll Out SoundPod With Audio Alerts to Merchants in India After Year-Long Pilot

Google is rolling out the SoundPod — the company’s wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system — to small merchants in India, the company announced on Thursday. The company started testing the device as part of a limited trial last year and has revealed that the rollout …

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RBI Aims to Help Establish New Banking Relationships for Paytm

RBI Aims to Help Establish New Banking Relationships for Paytm

The Reserve Bank of India (RBI) asked the National Payments Corporation of India (NPCI) to consider One97 Communications’ request to become a Third-Party Application Provider (TPAP) for the Unified Payments Interface (UPI) channel. The move is meant to enable continued operation of the Paytm app after RBI placed business restrictions on Paytm Payments Bank, RBI …

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How to Activate UPI Service for International Travel: Step-by-Step Guide

How to Activate UPI Service for International Travel: Step-by-Step Guide

UPI services are now available in multiple countries, including Sri Lanka, Mauritius, Bhutan, Oman, Nepal, France, and UAE. NPCI I… Read More UPI services are now available in multiple countries, including Sri Lanka, Mauritius, Bhutan, Oman, Nepal, France, and UAE. NPCI International Payments Limited has signed agreements with Southeast Asia countries. India is working to …

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Paytm Payments Bank crisis: RBI releases FAQs for customers – all queries on UPI, FASTag, Paytm wallet answered; check full list

Paytm Payments Bank crisis: RBI releases FAQs for customers – all queries on UPI, FASTag, Paytm wallet answered; check full list

Paytm Payments Bank ban FAQs: The Reserve Bank of India (RBI has released an extensive list of of Frequently Asked Questions or FAQs with extensive answers to allay fears of customers, merchants and with an aim to make the transition from Paytm Payments Bank seamless for users. Below is the full list of FAQs released …

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Seven countries where Indians can use UPI to make payments

Seven countries where Indians can use UPI to make payments

Modi posted on X saying, “The launch of India’s UPI services in Sri Lanka and Mauritius underscores the robust linkages between our countries.” Here’s a list of the countries that have started accepting payments through UPI: 1 – Bhutan (UPI) NPCI International Payments Ltd (NIPL), the international arm of National Payment Corporation of India (NPCI) …

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UPI gets global launch at Eiffel Tower in France

UPI gets global launch at Eiffel Tower in France

India on Friday formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Narendra Modi’s vision of taking UPI global. “UPI formally launched at the iconic Eiffel Tower at the huge Republic Day Reception. Implementing PM @narendramodi’s announcement and the vision of taking UPI global,” the official X handle of …

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