Mumbai/New Delhi:India's payments authority ... the finance ministry and the National Payments Corporation of India (NPCI) did not immediately respond to emails seeking comment.

UPI QR codes have recorded the fastest growth in digital payments infrastructure in the financial year 2024-25, with a 91.5 per cent jump over the previous financial year to 657.9 million, ...

In a circular issued on April 26, the Mumbai-based payment network said banks can initiate up to three ‘check transaction’ API requests in the first two hours of initiating a transaction. This API is ...

Mumbai: The National Payments Corporation of India (NPCI) has brought in new rules to control how banks check the status of UPI (Unified Payments Interface) payments. This step comes after a major ...

While UPI surged ahead, credit card transaction growth slowed significantly, rising just 7.94 per cent year-on-year. Debit card usage showed even more subdued growth, increasing by only 2.7 per cent ...

Using icons and speech, AI-enabled voice apps like Hello Ujjivan and Bhashini are building a new bridge to banking for India’s 18 crore low-literate citizens.

Mumbai, May 4: Starting June 16, UPI payments are set to get significantly faster, with the National Payments Corporation of India (NPCI) announcing sweeping changes to improve transaction response ...

Currently, account holders can make up to five free withdrawals from their bank's ATM in metro cities (Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, and New Delhi ... financial domestic transactions ...

Credit cards have an associated merchant discount rate (MDR) of 2-3 per cent that either erodes merchant margins or gets ...