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Soon, you can pay via UPI all over the world

Thursday, October 24, 2019, 6:09 PM

Soon, you can pay via UPI all over the world

Indians travelling abroad may soon be able to use the Unified Payments Interface (UPI) to pay for goods and services there, according to two bankers in the know of the matter. UPI is an inter-bank fund transfer mechanism run by the National Payments Corporation of India (NPCI) and enables instant fund settlement through a smartphone. NPCI is working to enable this feature within the next six months, starting with the United Arab Emirates (UAE) and Singapore, sources told ET. “These two countries already have opened up to RuPay cards; now the target is to enable UPI payments. This will be a big boost for Indians traveling in those countries and, just like their debit card or credit card, they can pay via UPI,” said a senior banker.

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ICICI bank issues UPI warning for its Customers

Wednesday, September 4, 2019, 5:30 PM

ICICI bank issues UPI warning for its Customers

ICICI bank issues UPI warning for its Customers Unified payments interface which is popularly called UPI; is a very convenient method of payment la ...

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NPCI Guidelines To Save Yourself From Bank Fraud

Saturday, December 1, 2018, 4:17 PM

NPCI Guidelines To Save Yourself From Bank Fraud

NPCI Guidelines To Save Yourself From Bank Fraud Bank frauds are increasing each day. Lakhs of people have fallen prey to bank frauds and lost cror ...

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Key Initiatives By Indian Railways To Promote Digitization

Friday, August 10, 2018, 7:20 PM

Key Initiatives By Indian Railways To Promote Digitization

India is fast moving towards becoming a cashless economy and the Narendra Modi led government has co ...

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