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The National Payments Corporation of India (NPCI) issued new guidelines directing payment service provider (PSP) banks to limit the usage of “check transaction status” Application Programming ...
“Banks shall audit their systems by CERT-in empanelled auditor on an immediate basis, to review the API usage and existing systems behaviour, and annually hereafter,” NPCI said in a circular ...
The relentless transaction status checks by banks had fuelled the April 12 UPI outage for five hours, the longest in over three years, NPCI had said earlier this month. “Banks shall audit ...
Data from NPCI shows that daily transaction during April was between 53 crores to 63 crores with a value of over ₹57,000 crore to over ₹1 lakh crore. nnboard more users and merchants onto UPI ...
BHIM payments app, backed by the National Payments Corporation of India (NPCI), today said it has launched ... BHIM remains dedicated to its role as Bharat ka Apna Payments App, offering ...
The Prime Minister's office, the Reserve Bank of India, the finance ministry and the National Payments Corporation of India (NPCI) did not immediately respond to emails seeking comment.
Starting June 16, 2025, UPI transactions are poised to become faster as NPCI mandates reduced response times for key APIs. The response time for commonly used UPI APIs, such as Request Pay and ...
One of the downtimes was caused by individual banks flooding the National Payments Corporation of India’s (NPCI) systems with transaction status checks. UPI payments work based on an ...
To enhance security and transparency, NPCI mandates UPI apps to display only verified bank names for transactions by June 30, 2025. This directive aims to curb rising UPI frauds caused by ...
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Error-free UPI transactions: NPCI bans nicknames in UPI payments - here’s how it will benefit usersNEW DELHI: In a significant move to enhance user safety and transparency in digital transactions, the National Payments Corporation of India (NPCI) has directed all Unified Payments Interface (UPI ...
It is quaint how nations adopt their national idols. The Statue of Liberty, donated by the French, once symbolised freedom and civil rights in America for immigrants. China revels in the mystique ...
Hong Kong tycoon Li Ka-shing has made his first in-person public appearance since controversy erupted over his conglomerate’s sale of its overseas ports to a consortium led by American ...
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