Banks and fintech firms are awaiting subsidy payments from the government for promoting digital payments. Despite ...

The RBI has now extended credit lines to small finance banks (SFBs) through UPI to bolster the popularity of the payments interface.

IRDAI allows one-time UPI mandate for insurance premium payments, ensuring availability of funds without immediate debit.

NPCI has warned UPI users to be cautious about a new scam known as the Call Merging Scam. This warning highlights the ...

Karnataka Bank has identified suspicious cross-border UPI transactions totaling Rs 18.87 crore and has requested the RBI to ...

Karnataka Bank has requested the Reserve Bank of India to reverse a suspicious cross-border UPI transaction of Rs 18.87 crore ...

A chargeback is a UPI transaction that is reversed by the payers bank because of a dispute, fraud, or technical issue. When ...

Karnataka Bank Ltd discovered deficiencies in its reconciliation process for cross-border UPI transactions, leading to a net ...

Faster dispute resolution for failed UPI transactions can be expected from February 15, 2025, due to this chargeback ...

The reversal was done as these transactions could not be processed. This was reflected during the reconciliation exercise ...

Credit Line on UPI is a more structured, transparent, and sustainable credit ecosystem that leverages UPI to enable banks to ...

Several banks and fintech platforms offer seamless cross-border payments. BHIM, Google Pay, PhonePe, and PayTM lead the way, ...