The National Payments Corporation of India (NPCI) has removed the user onboarding limit for WhatsApp Pay, allowing the platform to provide Unified Payments Interface (UPI) services to all its ...
NPCI, which is supported by over 50 retail banks, has been trying to find a way to enforce these restrictions without disrupting services for UPI users. The organization engaged in extensive ...
“While IMPS, RTGS and NEFT are channel agnostic, UPI (unified payments interface) payments only work on mobile channels. NPCI now wants to popularise its IMPS product as well, which is why NBBL ...
NPCI had earlier said that no UPI (unified payments interface) app could account for more than 30% of UPI transaction volumes, but the deadline for for TPAPs to comply with this limit has now been ...
There is a very old saying that change is the rule of the world. That is, whatever is there in the world today, tomorrow that ...
The National Payments Corporation of India, commonly known as NPCI has reportedly postponed the enforcement of market share caps for Unified Payments Interface (UPI) payment apps, extending it ...
New Delhi: In a relief to major players like PhonePe and Google Pay, NPCI has extended the deadline for implementing a 30 per cent volume cap on third-party Unified Payments Interface (UPI ...
Amid concerns of fraud and malice, the National Payments Corporation of India or NPCI, the central government body, that runs ...
The National Payments Corporation of India (NPCI) has removed the user onboarding limit for WhatsApp Pay, enabling the platform to provide UPI services to its entire user base across India.
The NPCI has removed the user cap on WhatsApp Pay, allowing the platform to onboard its entire 500 million users onto UPI. Previously limited to phased user increases, WhatsApp Pay can now expand ...
Through this move, NCPI wanted to “address the risks” that it found in the UPI ecosystem. Then, in 2022, NPCI pushed the market share limit implementation to December 31, 2024, stating that ...