Month: April 2018

Axis Bank processed 81mn UPI transactions in Q4-FY18; 0.87mn on SamsungPay

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Its total number of transactions using UPI were over 190 million UPI (Unified Payment Interface) transactions till date across apps for its 11.5 million VPAs. One reason for the growth in the processing of UPI transactions is the…

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With 183 Mn transactions, Yes Bank processed 25% of total UPI volume in FY18

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YES Bank, in partnership with Flipkart's PhonePe, launched India's first UPI-based mobile payments app in August 2016. The bank accounted a total volume of 182.83 million UPI-based transactions of 914.15 million transactions between March 2017-2018. Besides, YES Bank…

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With 183 Mn transactions, Yes Bank processed 25% of total UPI volume in FY18

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YES Bank, in partnership with Flipkart's PhonePe, launched India's first UPI-based mobile payments app in August 2016. The bank accounted a total volume of 182.83 million UPI-based transactions of 914.15 million transactions between March 2017-2018. Besides, YES Bank…

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Fintech risk management services may see growth around UPI-based frauds

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For example, a gullible customer who has been making payments only through the website or on paper suddenly initiates a payment request via a mobile app, we'd be able to provide a real-time alert to the bank to…

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You can now request MONEY from your friends on WhatsApp

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Until now, the functionality has allowed WhatsApp to wirelessly transfer money within the chat window via a QR code or Unified Payments Interface (UPI) ID. However, WhatsApp recently started to test an interesting feature to the app –…

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Axis Bank board okays merger of subsidiaries Accelyst with Freecharge

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Freecharge launches UPI on its App Samsung, Axis Bank tie-up to offer 'Bill Payments' on Samsung Pay Swiggy introduces UPI-based payment for … It also serves as marketing platform for third parties, engaged in distribution of mutual funds…

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Long weekend holiday: How to beat cash demand

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While the BHIM app is one option, you can also check a particular bank's dedicated UPI app. It can come in handy while paying back a friend or making a small payment at your local grocery store. Moreover,…

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European Commission sets new online rules for small businesses

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April 26 (UPI) — The European Commission proposed a new set of rules on Thursday regarding online platform transparency and fairness to protect small … "Businesses such as hotels, traders selling online, app developers, and other similar companies…

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We hope to cross the 100-million user mark on UPI over next 2 years: NPCI CEO

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It is very early days for UPI, so making judgements on the current market share may be premature. We want to create a BHIM UPI app ecosystem of hundreds of apps to be made available to consumers at…

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‘Harry Potter: Hogwarts Mystery’ celebrates game launch with new trailer

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April 25 (UPI) — Wizarding World mobile game Harry Potter: Hogwarts Mystery is celebrating its launch on iOS and Android with a new cinematic trailer. … Harry Potter: Hogwarts Mystery, which can be downloaded from Apple's App Store…

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