UPI Gets New Transaction Rules as NPCI Revises Limits Sept 15
India’s Unified Payments Interface (UPI) will see significant enhancements starting September 15, 2025, allowing larger transactions for certain verified merchants. The National Payments Corporation of India (NPCI) has increased transaction limits for high-value sectors such as insurance, investments, travel, and credit card bills. This development aims to facilitate smoother, faster high-value digital payments, encouraging broader…
Vipin
NPCI to Roll Out Exclusive UPI Rules from August 1
Starting August 1, 2025, the NPCI will implement new UPI rules, introducing updated API guidelines for banks and payment apps. The changes aim to improve features like AutoPay and balance checks, enhancing system stability during peak usage. Everyday payments may stay the same, but the new UPI rules will tighten controls on functions like balance…
ABHYUDAYA MITTAL
NPCI disconnects 300 small Banks from retail payments
In a recent turn of events, India witnessed another ransomware attack on July 31, 2024. According to the NPCI (National Payments Corporation of India), C-Edge Technologies Ltd., a tech service provider to RRBs (Regional Rural Banks), was possibly hit by a ransomware attack. The regulator mentioned that only cooperative and small banks were affected by…
Bhumika
Paytm Joined Hands With Credit Card Issuer SBI And NPCI
One97 Communication Limited, the parent of one of the most successful fintech Paytm, collaborated with two other companies, SBI Card and National Payments Corporation of India (NCPI), on Thursday to bring a new credit card to the market. The conglomerate calls it an initiative for the growth of inclusive digital-first financial services in India. During…
Yash Sharma