NPCI News

News

UPI Payment Down Today: Digital payments body NPCI says ‘working to resolve issue’

UPI Payment Down Today: UPI services faced a significant outage on April 12, affecting users over multiple payment platforms like Paytm, Google Pay, PhonePe, etc. NPCI is working on resolving the sudden ‘technical issue’ as per the official post.

2 min read12 Apr 2025
Industry

NPCI arm launches new Bhim 3.0 app to focus on customer satisfaction, collaboration

As of February end, Bhim had processed 42 million transactions worth ₹ 8,731.10 crore.

2 min read25 Mar 2025
Industry

Credit card additions slowdown in 2024, seen moderating as delinquencies rise

The monthly rate of card additions slowed to around 820,000 in December, 57% lower than a year ago.

4 min read24 Jan 2025
Money

How 16.73 billion UPI transactions killed the ubiquitous toffee business

Check out how the 16.73 billion Unified Payments Interface (UPI) transactions, as of December 2024, are hurting the toffee business in the nation.

1 min read7 Jan 2025
Industry

NPCI moving to give netbanking a UPI-like makeover

The initiative, called ‘Netbanking 2.0’, is currently being piloted with 10 banks, including most large private and public sector banks, two mid-sized private banks and one small finance bank, according to these people.

6 min read4 Jan 2025
Industry

Mint Explainer: How UPI access will make digital wallet users’ life easier

Users can now choose from more platforms and use their PPIs to make UPI payments, whether for paying bills, shopping online, or transferring funds.

3 min read2 Jan 2025
Money

Beware of ’digital arrest’ scam, NPCI’s must-know tips to protect your money, identity

This scheme involves cybercriminals impersonating government officials to intimidate individuals into transferring money or disclosing sensitive information. The National Payments Corporation of India has provided detailed guidance on how to recognize and avoid falling victim to such scams.

1 min read18 Dec 2024
Companies

How NBBL’s Bharat Connect aims to streamline B2B payments for small businesses

NBBL’s Bharat Connect is building an interoperable B2B payments platform to streamline operations and enable credit access for India’s 6.3 crore MSMEs

4 min read8 Nov 2024
Companies

Nervous about going public with 30% market-share cap looming: PhonePe’s Sameer Nigam

I don’t want to go public based on today’s numbers and market share until I can actually look you in the eye and say, buy my shares, says Sameer Nigam

2 min read28 Aug 2024
Industry

Will RuPay, UPI credit become separate companies? NPCI is planning a big recast of its businesses

National Payments Corp. of India is undertaking a massive restructuring exercise to streamline its operations into six broad businesses, a move meant to address its growing product portfolio and balance sheet.

5 min read22 Aug 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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