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The volume and value of transactions undertaken using UPI have been seeing a steady growth in 2023. In June 2023, UPI registered 933.50 crore transactions worth Rs 14.75 lakh crore.
Phishing and QR/UPI code-related frauds are most common weapons of fraudsters who have also started unleashing crypto-related frauds have also begun
If a customer is contacted by a fraudster, the incident should be reported to a cyber crime police station immediately, said experts
Reserve Bank of India has made mobile wallet interoperability mandatory
This is the sixth round of debt financing for BharatPe in the year 2021
Paytm will help citizens to check the availability of vaccination slots for a specific date by individually entering different pin codes or district details along with age group (18+ or 45+)
The launch of a digital wallet is part of the non-bank's broader strategy to expand its digital finance offerings
Although, mobile wallets do not have account numbers, but the prepaid instruments—mobile wallets—can become part of centralized payments systems: RTGS and NEFT
On the mobile app, you get information about all types of loans associated with Kotak Mahindra Bank and the facility to repay them
RBI said it will allow cash withdrawal from digital wallets as well as non-bank entities via prepaid cards