National Payments Corporation of India

Timelines
PhonePe emerges as India's leading UPI app

16 Mar 2021

PhonePe emerges as India's leading UPI app

Walmart-owned UPI app PhonePe processed 975.53 million transactions amounting to Rs. 1,89,517 crore in February alone. This makes it the country's most popular UPI app, with Google Pay coming in at second place, and Paytm a distant third.

2.2 billion UPI transactions recorded in November

02 Dec 2020

2.2 billion UPI transactions recorded in November

In what serves as another proof that Indians are going the cashless way, UPI transactions in November grew by 6.7% compared to October.

WhatsApp's payments service is finally here: How to use it

06 Nov 2020

WhatsApp's payments service is finally here: How to use it

WhatsApp has launched its payments service in India after receiving a nod from the National Payments Corporation of India (NPCI).

New record: UPI records over 2 billion transactions in October

02 Nov 2020

New record: UPI records over 2 billion transactions in October

Cashless transaction is getting increasingly popular among Indians as in October, a record two billion plus transactions were recorded through the Unified Payments Interface (UPI) method, data released by the National Payments Corporation of India (NPCI) confirmed on Sunday.

Now, JioPhone users can make UPI payments: Here's how

19 Aug 2020

Now, JioPhone users can make UPI payments: Here's how

In the wake of the novel coronavirus pandemic, millions of Indians, including small business owners, have started transacting digitally.

WhatsApp finally meets requirements to roll out payments in India

04 Aug 2020

WhatsApp finally meets requirements to roll out payments in India

WhatsApp may finally get the go-ahead to launch payments in India.

#LeakAlert: Data of 7 million+ BHIM users exposed

01 Jun 2020

#LeakAlert: Data of 7 million+ BHIM users exposed

Personal and financial data of more than 7 million users of BHIM, a government-backed peer-to-peer UPI payments app, has been leaked publicly.

WhatsApp might soon start offering loans in India: Details here

29 Apr 2020

WhatsApp might soon start offering loans in India: Details here

Since 2018, WhatsApp has been working on a peer-to-peer transfer facility for India - its biggest market.

Free calling no excuse for poor service, says TRAI chief

02 Mar 2020

Free calling no excuse for poor service, says TRAI chief

Telecom Regulatory Authority of India (TRAI) Chairperson RS Sharma on Sunday said that telecom companies cannot sidestep accountability on poor service quality by citing free voice calls.

Create an app for Bill Gates, win Rs. 36 lakh

03 Jan 2020

Create an app for Bill Gates, win Rs. 36 lakh

If you are looking to use your technical expertise to make quick money then Bill & Melinda Gates Foundation has something that might fit the bill.

#OneNationOneCard: PM Modi launches 'National Common Mobility Card'; Details here

05 Mar 2019

#OneNationOneCard: PM Modi launches 'National Common Mobility Card'; Details here

PM Narendra Modi launched an interoperable transport card, National Common Mobility Card (NCMC), which functions on the "One Nation, One Card" model across India.

Here's why RBI stopped Paytm bank from enrolling new customers

20 Dec 2018

Here's why RBI stopped Paytm bank from enrolling new customers

Although Paytm got off to a good start with its payments bank initiative, opening of new bank accounts and e-wallets abruptly came to a halt in August this year, thanks to the Reserve Bank of India (RBI).

#FinancialBytes: All about India's very own desi RuPay card

27 Oct 2018

#FinancialBytes: All about India's very own desi RuPay card

The National Payments Corporation of India (NPCI) launched the country's first indigenous card scheme called 'RuPay' in 2012, to deal with the monopoly of international card networks- MasterCard and Visa.

#FinancialBytes: All about India's very own desi RuPay card

21 Aug 2018

#FinancialBytes: All about India's very own desi RuPay card

The National Payments Corporation of India (NPCI) launched the country's first indigenous card scheme called 'RuPay' in 2012, to deal with the monopoly of international card networks- MasterCard and Visa.

Seems like you have to wait longer for WhatsApp Payments

01 Aug 2018

Seems like you have to wait longer for WhatsApp Payments

WhatsApp's Payments service has hit yet another hurdle in India - now, the government has reportedly told WhatsApp that it can't roll out the service till it sets up an office and recruits a team in India.

From August 1, NPCI bans UPI payments within same account

23 Jul 2018

From August 1, NPCI bans UPI payments within same account

In a bid to curb fake and artificial payments made to receive cashbacks, the National Payments Corporation of India (NPCI) has decided to ban all payments within the same account from its Unified Payments Interface (UPI) platform.

#FinancialBytes: All about India's very own desi RuPay card

29 Jun 2018

#FinancialBytes: All about India's very own desi RuPay card

The National Payments Corporation of India (NPCI) launched the country's first indigenous card scheme called 'RuPay' in 2012, to deal with the monopoly of international card networks- MasterCard and Visa.

WhatsApp Pay to offer 24-hour customer support in India

25 Jun 2018

WhatsApp Pay to offer 24-hour customer support in India

WhatsApp is setting up a 24-hour customer support for WhatsApp Pay, its UPI-based payments service that allows users to send and receive money through the chat app.

#CareerBytes: 7 interesting and lesser-known internship offers in India

15 Jun 2018

#CareerBytes: 7 interesting and lesser-known internship offers in India

Summer is here and college students across the country are busy trying to grab internship opportunities that offer them a great learning experience.

#FinancialBytes: 6 smartphone apps necessary to live a cashless life

02 Jun 2018

#FinancialBytes: 6 smartphone apps necessary to live a cashless life

The Modi government's 2016 demonetization drive paved the way for cashless transactions in India and ever since the digital payments ecosystem has evolved dramatically.

BHIM app for Android, iOS now supports utility bill payments

01 Jun 2018

BHIM app for Android, iOS now supports utility bill payments

Months after announcing a cashback scheme, the government promoted Bharat Interface for Money (BHIM) app has now added support for utility bill payments within its portal.

#FinancialBytes: 6 smartphone apps necessary to live a cashless life

13 May 2018

#FinancialBytes: 6 smartphone apps necessary to live a cashless life

The Modi government's 2016 demonetization drive paved the way for cashless transactions in India and ever since the digital payments ecosystem has evolved dramatically.

WhatsApp might share your payment data with Facebook

10 Apr 2018

WhatsApp might share your payment data with Facebook

WhatsApp recently beta-launched its UPI-based digital payments feature WhatsApp Pay that allows users to send and receive money through the chat app.

How Flipkart-owned PhonePe aims to reinvent UPI

21 Feb 2018

How Flipkart-owned PhonePe aims to reinvent UPI

Propelled by demonetization, cashless transactions saw a rise with Unified Payment Interface (UPI) trying to usher users towards a cashless economy.

Facebook is the world's most evil company: Paytm founder

16 Feb 2018

Facebook is the world's most evil company: Paytm founder

Vijay Shekhar Sharma, founder and CEO of India's biggest mobile wallet firm Paytm, has called Facebook "the most evil company in the world."

I am an entrepreneur, I should not be taken seriously

15 Feb 2018

I am an entrepreneur, I should not be taken seriously

That entrepreneurs are dreamy is an understatement. People outside the 'chaar dewari' find this job glamorous, people inside it find it lonely.

Booking train tickets through BHIM/UPI: All about the new system!

05 Dec 2017

Booking train tickets through BHIM/UPI: All about the new system!

The Railways now allows passengers to book train tickets from counters and pay via UPI/BHIM. The facility was already available on online booking on the IRCTC website from before.

Airtel 'misused' Aadhaar access to open bank accounts without consent

30 Nov 2017

Airtel 'misused' Aadhaar access to open bank accounts without consent

Airtel is reportedly abusing its access to customers' Aadhaar number by opening accounts in Airtel Payments Bank without their permission.

NEFT, RTGS, IMPS: Here's how to choose the best option

20 Nov 2017

NEFT, RTGS, IMPS: Here's how to choose the best option

Do you use netbanking regularly, but have no idea what NEFT, RTGS or IMPS are? Considering how complicated they look, it won't be a surprise.

Soon, transfer money from Paytm to MobiKwik and other wallets!

12 Oct 2017

Soon, transfer money from Paytm to MobiKwik and other wallets!

The Reserve Bank of India (RBI) has issued guidelines regarding interoperability of prepaid payment instruments (PPIs). Once the move is implemented, they will be able to conduct transactions with each other.

Google Tez UPI-based payments app: All you need to know

18 Sep 2017

Google Tez UPI-based payments app: All you need to know

Google has finally launched its UPI-based payments app in India, called Tez. This standalone app can be used to pay bills, movie tickets and for other online transactions.

WhatsApp for Business kick-starts with BookMyShow; Ola, Oyo will follow

01 Sep 2017

WhatsApp for Business kick-starts with BookMyShow; Ola, Oyo will follow

WhatsApp in the bid to monetize its platform had launched, what it calls, "WhatsApp for Business" for certain select organizations.

BHIM cash back scheme extended for merchants till March

21 Aug 2017

BHIM cash back scheme extended for merchants till March

The cash back scheme, that offers merchants incentives of up to Rs. 1,000 when they accept payments via BHIM application, has been extended.

NPCI: No vulnerability in BHIM, UPI apps

21 Mar 2017

NPCI: No vulnerability in BHIM, UPI apps

After "intensive testing" and "continuous monitoring", the National Payments Corporation of India has announced there is no "vulnerability of loopholes" in the BHIM or UPI apps.

Now, use your biometrics to pay bills

08 Mar 2017

Now, use your biometrics to pay bills

On Tuesday, the government launched an Aadhaar card-linked payment system which will enable consumers to forego their debit/credit cards and use their fingerprints.

Bharat QR latest to join govt bouquet of payment apps

21 Feb 2017

Bharat QR latest to join govt bouquet of payment apps

Giving another thrust to the drive towards a digital-economy, the government has launched a QR code-based payment system called BharatQR code.

BharatQR code launched today for seamless payments

20 Feb 2017

BharatQR code launched today for seamless payments

To enable seamless retail payments, the government today launched BharatQR code. The quick response (QR) code will enable digital payments without card swiping machines.

Government encourages payments via biometrics

23 Jan 2017

Government encourages payments via biometrics

The government is keen to promote digital transactions in rural areas and is therefore pushing 'Aadhaar Pay'.

PhonePe stops UPI payments on Flipkart

22 Jan 2017

PhonePe stops UPI payments on Flipkart

Payment services firm PhonePe has issued a temporary halt to all UPI payments on Flipkart's Android application.

ICICI-PhonePe tussle: ICICI defies NPCI's directive

20 Jan 2017

ICICI-PhonePe tussle: ICICI defies NPCI's directive

After a week-long tussle with Flipkart-owned PhonePe payments app, ICICI Bank has now defied a directive of National Payments Corporation of India (NPCI).