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UPI vs UPI Lite: As we all know the National Payments Corporation of India (NPCI) has launched two versions of a digital payment system: UPI (Unified Payments Interface) and UPI Lite. These payments are used for digital transactions in India and become an essential part of daily transactions for many because of the convenience of…
Mumbai: The Unified Payments Interface (UPI) platform, a flagship of the Indian Digital Public Infrastructure (DPI) which has gone global, has added another feather to its cap. According to Dilip Asbe, Managing Director and CEO of the National Payments Corporation of India (NPCI), credit card spendings via UPI has touched Rs 10,000 crore a month….
New Delhi: The National Payments Corporation of India (NPCI) is set to introduce a new product on UPI that works like a credit card. The RBI has allowed banks to offer credit lines to customers through UPI. Several banks, including Axis, HDFC, ICICI, Indian Bank, and PNB, are already using this product. Customers get a…