Using the Autopay option of UPI, users can enable recurring payments for entertainment or OTT subscriptions
You can set up AutoPay for a maximum of Rs 5000 per SIP using UPI as the payment mode. Th limit is Rs 1,00,000 per SIP using net banking/debit card.
UPI Autopay offer customers the facility to make recurring transactions below Rs 5,000 through various UPI-linked apps.
The value of online frauds in India reached Rs 195 crore in FY20 from Rs 71 crore in FY19 according to RBI.
A central bank's digital currency will facilitate new aspects to work for the regulators, which were earlier hard to execute
The deputy governor said that several legal frameworks would also need to be considered before launching a CBDC
NPCI has issued new guidelines for UPI platforms regarding prepaid vouchers dismissing the need for UPI apps or bank accounts altogether
Sharing your credit or debit card details with kids is not safe. Looking to address this challenge, Eroute has launched OmniCard, a prepaid card
Walmart-owned fintech company has cornered 46% of India’s UPI market as the volume of transactions and total value post a new record in June
The backing for such currencies by the Switzerland-based BIS comes at a time when there are ongoing intense discussions in India on cryptocurrencies