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
What Is A Startup? Startups are new businesses set up by one or a group of individuals. There could be two reasons to create a startup: If you are planning to start your venture, these questions might bog you down: The answer to these questions… Read More »How to Register a Startup Company in India
National Electronic Funds Transfer or NEFT is a nationwide payments system that allows transfer of funds from one bank’s account to another. With an increased focus on online banking, NEFT has become one of the most popular ways of transferring funds. Since it can electronically… Read More »NEFT Transfer: Step to Step
India offers an OCI card to foreign passport holders and PIO card holders. Except for Pakistani and Bangladeshi citizens, anyone can get an OCI card as long as they provide proof of Indian origin. About OCI Overseas Citizenship of India (OCI) is a form of… Read More »How to Apply for OCI Card
RTGS stands for Real Time Gross Settlement. It is a money transfer system that allows the transfer of funds from one bank account to another in real-time and on a gross settlement basis. The term, ‘real-time’ implies that transactions through RTGS are processed right when… Read More »What Is RTGS
There are numerous ways of transferring money from one bank account to account. With the increasing technology, online money transfer has become the easiest way of transferring money from one bank to another without any difficulty. Money transfer basically refers to the electronic transfer of… Read More »Online Money Transfer Methods in India
About e-PAN Permanent Account Number (PAN) is an essential financial document in India, acting as a universal identification key for tracking financial transactions. Electronic Permanent Account Number or e-PAN is simply a digitally formatted PAN, equally valid as its physical counterpart. Notably, the e-PAN card… Read More »How to Get a e-pan in India