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Last Updated:October 08, 2025, 7:06 PM IST NPCI and RBI announced biometric and wearable glass-based authentication for UPI at Global Fintech Fest 2025 in Mumbai. A series of innovation in UPI ecosystem has been unveiled. The users of the popular payment interface UPI (Unified Payment Interface) will soon be allowed to use biometric or wearable…
Paytm UPI Lite Auto Top-Up Feature: One 97 Communications Limited (OCL), which owns the brand Paytm, has introduced automatic top-up for Paytm UPI Lite, the company informed the exchange in a filing. As per the company, this feature allows users to automatically recharge their UPI Lite balance when it falls below a set limit, ensuring…
New Delhi: The Reserve Bank of India (RBI) has introduced Beneficiary Account Name Look-up Facility akin to UPI and IMPS payments for RTGS or NEFT transactions. At present, UPI and Immediate Payment Service (IMPS) provide a facility for the remitter of funds to verify the name of the receiver (beneficiary) before executing a payment transaction,…
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…