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The Latest Breaking News from NPCI

PayPal's new cross-border payments platform looks to make sending money easier for 2 billion users

PayPal World will facilitate cross-border, multi-currency payments, with launch partners from the US, China, India and Mexico.

UPI gets global launch at Eiffel Tower in France

UPI gets global launch at Eiffel Tower in France

India launches UPI at Eiffel Tower in Paris, marking PM Modi's vision of taking UPI global, with French tie-up.

MGNREGS deadline for mandatory Aadhaar-based wage payments extended till December 31

MGNREGS deadline for mandatory Aadhaar-based wage payments extended till December 31

Centre has extended, for the fifth time, its deadline to mandate Aadhaar-based wage payments to MGNREGS workers till the end of the year; 41% of job card holders under the scheme are still unprepared

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18.3% MGNREGS workers out of Aadhaar-based wage system

The government contends that ABPS accounts plug leaks, ensure speedy payments, and reduce rejections.

HRF and LibTech team flags large-scale deletion of job cards and names of MGNREGS workers in A.P.

A LibTech report has put the deletions in 2022-23 at a whopping 59.6%. A reality check by the team of HRF and LibTech in three villages spread over two mandals in Parvathipuram Manyam district shows that the reasons cited are erroneous in the case of 25 of the 30 beneficiaries.

Soon, AI will let you make a UPI payment using voice

RBI proposes to increase UPI Lite per transaction payment limit to ₹500 and enable 'Conversational Payments' on UPI, 'UPI-Lite' on-device wallet and offline payments on UPI using NFC technology to further deepen digital payments in India. This will help in faster, reliable and contactless mode of payments for everyday small…

Explained | Daily limit on UPI transactions

As transactions facilitated by the Unified Payments Interface (UPI) breach record highs, banks have opted for daily limits. These are over and above the already imposed ceilings mandated by the facilitator, the National Payments Corporation of India (NPCI), in 2021. The idea is to sustain the smoother functioning of the…

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No charge for RuPay credit card use on UPI for transaction up to ₹2,000, says NPCI

No charge for RuPay credit card use on UPI for transaction up to ₹2,000, says NPCI

National Payments Corporation of India said the existing process from the app will apply to credit cards too

UPI expands further globally; Indian travellers to U.K. to enjoy hassle-free digital transactions

UPI expands further globally; Indian travellers to U.K. to enjoy hassle-free digital transactions

NPCI International Payments Ltd partners with U.K.’s PayXpert

In India's Mobile-Payments Boom, Even Beggars Get QR Codes

In India's Mobile-Payments Boom, Even Beggars Get QR Codes

A beggar in the eastern Indian state of Bihar strolled through a train station one recent weekday, toting a metal pail for cash and a tablet computer with a QR code stuck on the back.

Regulatory Trouble Ahead? India's Central Bank Distances Itself From Coinbase's UPI Plans

Regulatory Trouble Ahead? India's Central Bank Distances Itself From Coinbase's UPI Plans

As cryptocurrency exchange Coinbase Global Inc. (NASDAQ: COIN) forayed into India and said it was working on getting UPI on its platform for all users — the National Payments Corporation of India, a subdivision of the country's central bank, sought to disassociate itself with the move.

IRCTC, NPCI and Bank of Baroda arm launch co-branded credit card for railway customers

IRCTC, NPCI and Bank of Baroda arm launch co-branded credit card for railway customers

Customers can also use the credit card for other shopping purposes

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