The Unified Payments Interface (UPI) system has changed the digital transaction landscape in India since its launch in 2016. With the ever-increasing volume of daily transaction on the UPI platform, the National Payments Corporation of India (NPCI), which had launched it, has now set a… Read More »UPI Transaction Limit
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
UPI 123Pay Unified Payment Interface is a single platform for accessing different bank accounts for making or requesting payments. It is an immediate money transfer service that lets users do transactions round the clock 24×7 and 365 days. This service was earlier limited to smartphones… Read More »UPI 123Pay – An Instant Payment Facility for Feature Phones
The Foreign Exchange Dealers Association of India (FEDAI) is an association of commercial banks that specializes in the foreign exchange (forex) markets in India. These institutions are also called Authorised Dealers or ADs. Created in 1958 and incorporated under Indian law, Section 25 of The… Read More »What Is FEDAI
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
In the era of digital transactions, the Unified Payments Interface (UPI) has revolutionized how we handle our financial interactions. At the core of UPI lies the UPI PIN, a vital secure element that validates transactions. Leveraging your Aadhaar card to establish your UPI PIN has… Read More »How to Set up a UPI PIN Using an Aadhaar Card
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
Google Pay has integrated UPI Lite, a simplified version of the Unified Payments Interface (UPI) system, to enhance user experience. With UPI Lite, which also serves as a wallet or account, users can load up to Rs 4,000 daily and make instant transactions up to… Read More »Google Pay Integrates UPI Lite
Have you ever been in an emergency situation where you need cash but don’t have an ATM card? Withdrawing cash from ATMs can be handy especially where online payments and UPI are not very common. However, carrying a debit card always has its own risks… Read More »How to Withdraw Cash from ATM using UPI
About UPI ATM India’s first UPI ATM has been launched in what is being touted as a ground-breaking development in India’s digital payment landscape. It is a White Label ATM (WLA) named Hitachi Money Spot UPI ATM, launched by Hitachi Payment Services, a subsidiary of… Read More »How To Withdraw Cash From UPI ATM