An important aspect of running a business is executing customer payments efficiently. UPI integration is required for accepting payments directly from customers through UPI apps such as GooglePay, BHIM UPI, PhonePe etc. This article is about how to integrate UPI payment gateway into your business… Read More »How To Integrate UPI Payment Gateway In Websites And Apps
Introduction Mrs Lohia runs a home-based bakery and believes that inter-bank transfer can be an extremely useful and convenient service. It would enable her to pay for her supplies as well as receive payments from her clients. But Mrs Lohia has not been able to… Read More »Which Is Better: NEFT Or RTGS?
Once you’ve registered your phone and the account number to which you want to receive funds, the bank will issue you an MMID number. An MMID Code and your mobile number are required for IMPS transfers. Let’s get into the details. What is MMID The… Read More »What Is Mobile Money Identifier (MMID)
India’s UPI transaction volume increased by 62 per cent YoY in the first half of 2023, PayTech organisation Worldline said in its “India Digital Payments Report H1 2023” report released on September 27, 2023, highlighting the trends in digital payments landscape. UPI Transactions The UPI… Read More »India’s UPI Transaction Volume Surged 62% YoY In HI 2023
UPI allows users to transfer funds to and from savings accounts directly using the BHIM app or other third-party UPI apps. NPCI has now integrated RuPay credit cards with the UPI platform to enable UPI payments directly using these cards. Let us discover how convenient… Read More »How to Pay through BHIM UPI using RuPay Credit Cards
What is NPCI The National Payments Corporation of India (NPCI) serves as an umbrella body for the operation of retail payment in India. This organization was established by the Reserve Bank of India along with the Indian Bank’s Association. NPCI was incorporated in December 2008… Read More »What Is NPCI
UPI or Unified Payments Interface is a single platform that brings all your bank accounts directly to your mobile device. All you need to complete a UPI transaction is a UPI ID, which is the receiver’s contact number, in case of the Paytm UPI application… Read More »The Features, Benefits and Maximum Limit of UPI Transaction
The Reserve Bank of India (RBI) is the central bank of India, which began operations on Apr. 1, 1935, under the Reserve Bank of India Act. The Reserve Bank of India uses monetary policy to create financial stability in India, and it is charged with… Read More »What Is the Reserve Bank of India (RBI)
The National Payments Corporation of India (NPCI) has introduced several new payment options on the popular UPI (Unified Payments Interface) platform. These announcements were made by Reserve Bank of India (RBI) Governor Shaktikanta Das during the Global Fintech Festival. Readmore: What Is UPI? Hello! UPI… Read More »Hello UPI: NPCI Introduces Voice-Enabled Payments and Enhanced Features
In February of this year, the Reserve Bank of India (RBI) issued a circular granting Non-Resident Indians (NRIs) and foreign nationals visiting India access to the Unified Payments Interface (UPI). As a result, the RBI has made corresponding changes to its Master Directions on Prepaid… Read More »How Foreigners and NRIs Visiting India Use UPI to Make Payments