The popularity of Unified Payments Interface (UPI) is increasing rapidly. Transactions through UPI increased by about eight percent in December to about 16.73 billion. According to data from National Payments Corporation of India (NPCI), about 15.48 billion transactions were done through UPI in November. The total value of transactions through UPI in December was approximately…
In the last few years, the Central Government has launched a big campaign against drugs. Home Minister Amit Shah on Saturday said that cryptocurrency, dark web, online marketplaces and drones are a challenge in efforts to curb drug smuggling in the country. He said that strict measures are needed to control this. Shah chairing a…
In the last few years, the Central Government has launched a big campaign against drugs. Home Minister Amit Shah on Saturday said that cryptocurrency, dark web, online marketplaces and drones are a challenge in efforts to curb drug smuggling in the country. He said that strict measures are needed to control this. Shah chairing a…
The popularity of Unified Payments Interface (UPI) is increasing rapidly. Transactions through UPI increased by about eight percent in December to about 16.73 billion. According to data from National Payments Corporation of India (NPCI), about 15.48 billion transactions were done through UPI in November. The total value of transactions through UPI in December was approximately…
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…
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 a total wallet limit of Rs 5,000. Currently the maximum limit for offline payment transactions…
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…
Cases of misuse of Artificial Intelligence (AI) have increased in the last few months. These also include deepfake videos. Reserve Bank of India (RBI) said on Tuesday that deepfake videos of Governor Shaktikanta Das are being circulated on social media in which investment schemes with the support of RBI are being claimed. In this regard,…
Google, one of the big internet companies, has removed more than 2,500 fraud loan apps from its Play Store. Earlier this year, the central government banned more than 230 Chinese apps related to betting and loans following complaints of extortion and harassment. Complaints related to such loan apps have increased in the last few years….
Payment services firm Paytm has said that it has received permission to enroll new Unified Payment Interface (UPI) users. National Payments Corporation of India (NPCI) has given green signal to Paytm for this. A few months ago, the banking unit of Paytm was banned by the Reserve Bank of India (RBI). The reason for this…