Page 8 - Upi

A new and improved UPI to make payments to merchants a seamless experience

Sources say that UPI 2.0 could also come with enhanced limit of Rs 200,000 per transaction for specific use cases

UPI closes 2018 on a high as volume jumps 39% in December

These transactions included players like PhonePe and Google Tez, along with the government's BHIM app

HDFC Bank, SBI to start charging for P2P payments on UPI

SBI is charging Rs 5 per transaction of up to Rs 1 lakh, Rs 15 for transactions between Rs 1-2 lakh

50 people pull out Rs 6.14 cr using UPI lacuna; BoM files case

UPI allows account holders across banks to send and receive money from their smartphones

UPI transactions buck trend of decline in digital banking activity

The UPI reported transactions valued at Rs 1,728 cr in February, up from the Rs 1,659 cr in January

PhonePe app in breach of UPI guidelines: NPCI

NPCI has directed PhonePe and Flipkart to allow payments from UPI handles of all banks on their Apps

What ails govt's Unified Payments Interface?

As there is a lack of clarity on grievance redressal and reconciliation, customers need to be careful

Ftcash, ICICI Bank tie-up to launch UPI at 5,000+ merchant locations

UPI builds on the Immediate Payment Service, which is used by banks for real-time transfer of cash

UPI: It's not only about transferring money

The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs

UPI: 5-step process to get you started

Developed by the NPCI, UPI is considered to be a game changer owing to its simplicity

Axis Bank ready with UPI app, to tie-up with Freecharge

According to the UPI's architecture, the bank's application, called Axis Pay App, can be used by any other bank's customer

All you need to know about UPI, the Unified Payment Interface

The UPI technology promises to change the way Indians carry out transactions, and aims to move to a largely cashless economy at the retail level