Unified Payment Interface (UPI) Archives

RBI Announces Interlinking Of UPI With European Instant Payment System

DainikNews Live Admin6 months ago03 mins

New Delhi: In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem. The proposed UPI-TIPS interlinkage aims to facilitate cross-border remittances between India and the Euro Area and is expected to benefit users of…

Paytm Gets Approval From Payments Authority To Enroll New UPI Users

DainikNews Live Admin2 years ago02 mins

Paytm shares have lost around 10% since the central bank clampdown on Jan. 31. New Delhi: The Paytm said late on Tuesday it received approval from the country’s payments authority to onboard new unified payment interface (UPI) users, providing some relief for the financial services firm after a central bank-ordered ban on its banking unit….