Recently, the Government of India and the Reserve Bank of India (RBI) issued an alert regarding fake notes of Rs 500. According to the reports published by the Finance Ministry, the circulation of fake notes in the market has once again increased and the maximum cases have been revealed about the 500 rupee note. Many…
The popularity of Unified Payments Interface (UPI) has increased rapidly over the years. The National Payments Corporation of India (NPCI) has stated that UPI transactions to be blocked from next month with special characters ID will be blocked. NPCI operates retail payments and settlement systems in the country. Released by NPCI Release It has been…
This year’s budget is to be presented soon. The business of cryptocurrencies has grown rapidly in the country in the last few years. However, the crypto industry complains of high tax burden. Crypto-related firms hope that Finance Minister Nirmala Sitharaman can give some tax relief to this segment in the upcoming budget. The government had…
The digital payments segment has grown rapidly in the last few years. Central Bank Digital Currency (CBDC) eRupee is being trialled in India. For this, Reserve Bank of India (RBI) has added many banks. However, RBI says that it will not be in any hurry regarding this. The trial of e-Rupee was started about two…
Paytm: Attention Paytm users! Many services of the company’s main service ‘Paytm Payments Bank Limited’ (PPBL) are being discontinued from today. Last month, the Reserve Bank of India (RBI) had asked Paytm Payments Bank to stop all its services. Now Payments Bank customers will not be able to deposit money in their account. However, the…
To make digital payments easier and better, the Reserve Bank of India (RBI) has increased the limit of its popular instant payment system UPI Lite. From now on, users can now make payments up to Rs 1,000 per transaction, with the total wallet limit being Rs 5,000. Currently the maximum limit for offline payment transactions…
The scope of Unified Payments Interface (UPI) has increased rapidly in the last few years in the country. It is also being expanded abroad. National Payments Corporation of India (NPCI) has launched UPI One World wallet service for Non-Resident Indians (NRIs) and international travelers visiting the country. This will provide the facility to those travelers…
This year’s budget is to be presented soon. The business of cryptocurrencies has grown rapidly in the country in the last few years. However, the crypto industry complains of high tax burden. Crypto-related firms hope that Finance Minister Nirmala Sitharaman can give some tax relief to this segment in the upcoming budget. The government had…
UPI News: If you use UPI 123pay and UPI Lite, then this news is useful for you. RBI Governor Shaktikanta Das made new announcements on Wednesday, which will benefit UPI 123Pay and UPI Lite users. According to reports, Reserve Bank of India has increased the wallet limit of UPI Lite to Rs 5,000. Earlier this…
Unified Payments Interface (UPI) services will be available to all users of the popular instant messaging platform WhatsApp. National Payments Corporation of India (NPCI) on Tuesday removed the limit on adding UPI users on WhatsApp Pay. With this, all the users of WhatsApp in the country will be able to get these payment services. before…