Unified Payment Interface, or UPI, has transformed the way Indians make transactions, be it grocery purchases or even electricity bill payments. UPI is connecting a user base of diverse needs and demographics in line with the finest trends of financial inclusion. Latest UPI Transaction Limits Presently, there is no specific limit on peer-to-peer UPI except … Read more
After a series of failures in its growing lineup of technology products, India’s home-grown technology brand, URBAN, has now come up with its innovative latest product-the Smart Buds TWS Earbuds. This is proudly proposed as India’s first true wireless earbuds featuring on-case Bluetooth calling. These are to enhance your calling experience by keeping your phone … Read more
The Reserve Bank of India (RBI) has announced exciting new measures aimed at enhancing the security and usability of digital payment systems, particularly through Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). Beneficiary Account Name Look-Up Facility In a bid to combat fraud and reduce the likelihood of erroneous credits, the RBI … Read more
For the first time since its inception, Unified Payments Interface, operated by the National Payments Corporation of India, at NPCI processed over 15 billion transactions in September. That’s up from 14.9 billion in August and 12.7 billion in the same month last year. Every day, on average, the transaction count was over 500 million, surging … Read more