The government on Friday denied reports suggesting GST levying on UPI transactions exceeding Rs 2,000, calling such claims “completely false, misleading, and without any basis.”In an…
Browsing: UPI
CHENNAI The National Payments Corporation of India (NPCI) is piloting a ‘federated model’ in collaboration with banks to eliminate frauds using UPI transactions. India’s umbrella organisation…
MUMBAI: UPI continues to break records. In March, the platform processed 1,830 crore transactions worth Rs 24.8 lakh crore, marking a 36% year-on-year rise in volume…
The Employees Provident Fund Organisation (EPFO) has announced to increase in the auto-settlement of advance claims (ASAC) limit, raising it five times from Rs 1 lakh…
EPFO auto settlement feature, capped at Rs 1 lakh, enables subscribers to access funds for various purposes including medical expenses. The Employees’ Provident Fund Organisation or…
Mumbai: National Payments Corporation of India (NPCI) said that there were intermittent technical issues owing to which UPI had partial decline on Wednesday. “The same has…
Banks and UPI applications must conduct weekly updates of their mobile number records. (AI image) UPI users should take note of new mobile number verification rules…
MUMBAI: The Payments Council of India (PCI) which represents digital payments companies has written to Prime Minister Narendra Modi, seeking introduction of merchant discount rate (MDR)…
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the incentive scheme for low-value BHIM-UPI transactions with an estimated outlay of Rs 1,500…