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8 hours ago · Mumbai, Jun 7 (PTI) Governor Shaktikanta Das on Friday said the Reserve Bank of India has found that the public suffers challenges in executing online payment transactions because of problems in the banks’ systems, and not that of the UPI or NPCI. Das said each and every instance of an outage is studied by officials concerned at the central ...
14 hours ago · Launched by the National Payments Corporation of India (NPCI) in September 2022. The UPI Lite feature enables users to conduct up to Rs 500 worth of transactions without the need of a pin, which ...
15 hours ago · The fine print of Das & Co's first post poll policy Shah, Nadda hash out deals with allies as Jun 9 looms "Growing instances of digital payment frauds, however, highlight the need for a system-wide approach to prevent and mitigate such frauds. It is, therefore, proposed to establish a digital ...
10 hours ago · Speaking at the post Monetary Policy press conference, RBI Governor Shaktikanta Das said Das clarified that service disruptions are predominantly due to issues within the banks themselves, rather than problems with the National Payments Corporation of India (NPCI) or Unified Payments Interface . "Whenever there are any outages, the problem is ...
12 hours ago · Launched by the National Payments Corporation of India (NPCI) in September 2022, UPI Lite is available on platforms like Paytm, the BHIM app, Google Pay, and more. Trending Photos New Delhi: The Reserve Bank of India has announced the integration of UPI Lite with the e-mandate framework. This will ...
20 hours ago · To address digital payment frauds in the country, a separate platform will be created by the Reserve Bank of India. Speaking about the growing number of digital frauds in the country, RBI Governor Shaktikanta Das said the central bank has implemented various measures over the years to enhance digital payments' depth, safety, and security, significantly boosting consumer confidence.
20 hours ago · The Central Bank of Peru (BCRP) collaborates with National Payments Corporation of India International Payments (NIPI) to develop a payment system akin to India's Unified Payments Interface (UPI), aiming to foster financial inclusion. The generic UPI platform facilitates payments via virtual addresses or QR codes, thereby improving accessibility and security in transactions. Currently endorsed ...
