09 Jan 2025, 19:48 PM
The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.
02 Jan 2025, 14:18 PM
Last year, The Head and Tale reported that NPCI was facing difficulty in implementing the 30% cap on UPI market share; and the market was going to miss the December 2024 deadline too.
27 Dec 2024, 17:52 PM
Currently, UPI payments from/to a bank account can be carried out using the UPI application of that bank or of any third-party application provider.
24 Dec 2024, 18:18 PM
Last week, InCred Finance, the consumer and MSME lending arm of the InCred Group, appointed Gaurav Maheshwari as its chief financial officer.
13 Dec 2024, 13:45 PM
BharatPe and Adani Group will deploy co-branded UPI QRs across all merchant outlets at Adani-owned Indian airports.
06 Dec 2024, 22:06 PM
RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.
05 Dec 2024, 11:55 AM
The wallet limit for UPI Lite has been raised from Rs 2,000 to Rs 5,000, while the cap for offline transactions has been doubled from Rs 500 to Rs 1,000.
26 Nov 2024, 18:43 PM
According to the data revealed by the Ministry of Finance in a reply to Parliament, UPI fraud incidents surged by 85% in FY24.
18 Nov 2024, 20:28 PM
Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.
12 Nov 2024, 20:10 PM
The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.
04 Nov 2024, 21:58 PM
The e-commerce giant’s fintech arm reported a slight jump in its revenue from operations to Rs 2,287 crore in FY24 from Rs 2,093 crore in FY23.
24 Oct 2024, 14:29 PM
The unauthorized use of UPI IDs include, accessing customer names, bank account statuses, alternate UPI IDs, and verify customer mobile numbers.
23 Oct 2024, 14:54 PM
The onboarding process was suspended in February this year due to directives from the Reserve Bank of India (RBI).
23 Oct 2024, 14:18 PM
PhonePe controls 48% market share in terms of volume of transactions; Google Pay (37.4%) and Paytm (7%).
