EPFO has recently announced several important updates aimed at making Provident Fund (PF) operations more efficient, ...

UPI faced major outages recently, including a five-hour disruption on April 12. Learn what caused the downtime, how PSP banks ...

Unified Payments Interface (UPI) system downtimes disrupt payments on popular apps, highlighting reliance on NPCI and bank ...

UPI transactions in India are expected to become significantly faster, with the National Payments Corporation of India (NPCI) directing banks and payment apps to reduce response times by half, from 30 ...

EPFO has simplified the process of updating personal details. Now, if your Universal Account Number (UAN) is linked to ...

Since the advent of the UPI service, the use of cash has decreased. However, one disadvantage of making digital payments is ...

Unlike SWIFT, the NPCI has a monopoly over digital payments in India. In 2020 the RBI initiated the process to create competition and enhance innovation via a new umbrella authority -- either a ...

The EPFO has unveiled significant changes aimed at improving services for its more than 7 crore active members in the ...

BHUBANESWAR: The state government has decided to provide National Common Mobility Cards (NCMC) and WhatsApp ticket booking ...

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.

For all other users, UPI works through the standard process. NPCI clarified that redemptions are used only to replenish shortfalls, not for regular UPI transactions. With inflation hovering at 5-6 ...