Use bank app to verify a/c balance: Kotak after UPI glitch
Kotak Bank has refuted reports of a customer seeing a 37-digit balance via a third-party UPI app, advising users to check balances on its official ...
‘If taxes are being imposed…’: Bengaluru street vendors want GST relaxation; notices received after UPI transactions crossed Rs 40 lakh
Karnataka’s small-scale traders are facing GST notices for UPI transactions exceeding ₹40 lakh, causing widespread apprehension. Vendors are abandoning digital payments, fearing hefty taxes and ...
UPI has surpassed Visa with 650m daily transactions: Amitabh Kant
Unified Payments Interface (UPI) has overtaken Visa to become the world’s leading real-time payment system, processing over 650 million daily transactions compared to Visa’s 639 ...
Small businesses go online: More than half of MSMEs prefer UPI transactions; women lead in Aadhaar banking
A PayNearby report reveals that many MSMEs in India favor UPI for transactions. About 48% prefer UPI, followed by Aadhaar-enabled banking at 39%. Women entrepreneurs ...
Online payment: UPI transactions get faster; time reduced from 30 seconds to 10
UPI payments are now significantly faster, with transaction times reduced to 10-15 seconds, thanks to a directive from NPCI. This improvement aims to enhance user ...
