Posts filtered by tags: UPI[x]


 

Truecaller data reportedly for sale on dark web; company denies any data breach

Private data of users of caller ID and UPI payments app Truecaller – including names, phone numbers and email addresses – is available for purchase on the so-called dark web, reports the Economic Times, citing an unnamed cyber security analyst. The report said the data of Indian users... ...
Tags: Travel, Mobile, News, Data, Cybersecurity, Data Breach, Data Protection, UPI, Truecaller, Economic Times


India’s ride-hailing firm Ola is now in the credit card business, too

A day after India’s largest wallet app Paytm entered the credit cards business, local ride-hailing giant is following suit. Ola has inked a deal with state-run SBI bank and Visa to issue as many as 10 million credit cards in next three and a half years, it said today. The move will help Visa and SBI bank acquire more customers in India, where most transactions are still bandied out over cash. For Ola, which rivals Uber in India, foray into cards business represents a new avenue to monetize...
Tags: Startups, Mobile, Uber, Asia, Finance, India, Softbank, Tech, Payments, Hyundai, Kia, UPI, Ola, Naspers, Visa, Paytm


India’s largest mobile wallet company Paytm now offers a credit card

Paytm, India’s largest mobile wallet app, has branched out to several businesses in recent years as threat from Google and Facebook grows. On Tuesday, it added another category to the list: credit cards. The firm, operated by One97 Communications, today unveiled Paytm First Credit Card with lofty benefits as it races to bulk up its financial offerings. The cards, issued by Citi Bank, will be the first in the country to offer unlimited, one percent cashback on purchases, Paytm claimed in a sta...
Tags: Google, Google Play Store, Mobile, Facebook, Uber, Asia, Finance, India, Softbank, Tech, Alibaba, Berkshire Hathaway, Warren Buffett, Payments, Zomato, Citibank


Govt plans to make UPI QR codes mandatory for shops: Virtual monopoly for NPCI?

The government of India is looking into making it mandatory for all shops “above a certain threshold” to offer Unified Payments Interface (UPI) payments through QR codes, and give customers and shopkeepers GST benefits for using UPI, the Economic Times reports. The GST Council had given the... ...
Tags: Travel, News, India, Payments, Qr Codes, UPI, GST, NPCI, BharatQR, Unified Payments Interface UPI, UPI the Economic Times


Xiaomi launches Mi Express Kiosks in India to sell smartphones and mobile accessories

Xiaomi has launched Mi Express Kiosk initiative across India. The Mi Express Kiosks are vending machines which allow consumers to purchase Xiaomi smartphones and mobile accessories directly. You can pay using credit cards, debit cards, cash and UPI for the products. Mi fans, we've introduced an innovative way to buy your favourite #Xiaomi products with #MiExpressKiosk. It’s simple! Just choose a product & pay with your debit/credit card, cash, or UPI. Experience it at Manyata Tech Park & our ...
Tags: News, India, Blogging, Xiaomi, UPI, Mi Express Kiosk, Mi Express Kiosk india, Mi Express Kiosks, Manyata Tech Park


Google Pay will soon support card payments in India: Report

Google Pay will soon let users in India make payments with their credit and debit cards, the Economic Times reports. The app currents supports payments through the Unified Payments Interface (UPI) in India, for which users must link their banks accounts with it. According to the ET report, Google... ...
Tags: Travel, Google, News, India, Payments, Credit Card, UPI, Debit Card, RBI, Economic Times, NPCI, Google Pay


Google says Play Store will soon accept UPI payments, cash

Google announced at I/O 2019 that it will soon let users buy items on its Play Store using cash, NDTV reported. Cash payments on the Play Store are already live in Japan and Mexico, and will be rolled out in other countries soon. Google also said that users in India will soon be able to […] ...
Tags: Travel, Google, Google Play, Mobile, Japan, News, Internet, Mexico, India, Commerce, Play Store, Payments, UPI, NDTV, Digitisation, Google Pay


Google to allow users to pay for Android apps using cash

Today, the Android platform sees more app downloads than iOS, but Apple’s App Store continually dominates in terms of revenue. Now, Google is aiming to narrow the revenue gap by introducing a new way for users in emerging markets to pay for apps: with cash. The company today announced it’s launching “pending transactions,” which offers users different ways to pay that don’t require a credit card or any other traditional form of online payment. Lack of access to credit is one of many reasons why ...
Tags: Apple, Google, Google Play, Mobile, Apps, India, Tech, Cash, Developers, Android Apps, Emerging Markets, Payments, App Store, UPI, Google I/O 2019, Google Play Billing


BHIM’s 15.2M transactions accounted for only 1.9% of UPI payments in April 2019

The number of transactions on the Bharat Interface for Money (BHIM) UPI app was 15.2 million for the month of April 2019, up 2% from 14.9 million last month. The total value of the transactions stood at Rs 6,583.6 crore, up 3% from Rs 6,417 crore in March 2019, according to data provided by the... ...
Tags: Travel, Mobile, News, Internet, Finance, Banking, Mobile Payments, Payments, UPI, Digital Payments, NPCI, BHIM, Bharat Interface for Money BHIM UPI


WhatsApp to SC: will launch payments only after compliance with RBI norms; trial to end by July

WhatsApp today assured the Supreme Court that its payments service in India is currently in trial mode and will launch fully only after compliance with the RBI’s norms, per Bar & Bench. WhatsApp said it’s likely to complete the trial run by July. “We cannot launch the product... ...
Tags: Travel, News, Supreme Court, India, Whatsapp, Personal Data, Data Protection, UPI, Intermediary Liability, RBI, Digital Payments, Data Localization


UPI transactions grew to 781.8M in April 2019; Rs 142,034Cr transacted

The Unified Payment Interface (UPI) saw a decrease of 2.2% in the total transaction volumes taking place between March 2019 and April 2019, according to data published by the National Payments Corporation of India (NPCI). The NPCI is a private company owned by Indian banks and owns and operates... ...
Tags: Travel, News, Finance, Digital, Banking, Payments, Fintech, UPI, Digital Payments, NPCI, National Payments Corporation of India NPCI


PhonePe Keyboard launched to make seamless UPI transactions

PhonePe UPI app was launched in August 2016 where the company partnered with Yes Bank Ltd for the UPI transactions. The company provides users with a lot of offers and extensive TV advertisements are being done by the company. Today, PhonePe has launched its new 'PhonePe Keyboard' that will allow user to make payments without exiting a current app and make UPI based digital payments easier. PhonePe Keyboard looks similar to Google Keyboard for Android, but this new keyboard includes a dedic...
Tags: Apps, News, India, Blogging, UPI, Bank Ltd, Google Keyboard, Phonepe, PhonePe Keyboard, Today PhonePe


Amazon launches P2P payments on UPI for Android users

Amazon Pay on Monday launched person-to-person (P2P) payments for Android users, who can now make instant bank-to-bank transfers using the UPI platform on the Amazon app. It will also let users make payments from their bank account to local stores or to Amazon’s delivery agents via scanning UPI QR... ...
Tags: Travel, Amazon, Mobile, News, Internet, Payments, UPI, P2p, Paytm, Phonepe, Google Pay


Woodstock cancelled because of "concerns about the capacity of the festival, site readiness and permitting issues."

Billboard reports.This year's event would have commemorated the original Woodstock, which happened despite a lack of readiness. But you can't redo the chaos part of it all. You can't plan chaos. If you're planning and it looks like chaos, you have to say no.From the UPI report of August 16, 1969, "Thousands flee Woodstock chaos, mud":WHITE LAKE -- Tens of thousands of young music fans today began abandoning the muddy chaos of the Woodstock Music and Art Fair.Advertised as three days of "peace an...
Tags: Law, UPI, Woodstock, John Morris, Catskill, Ann Althouse, Order And Chaos


Amazon Pay instant P2P UPI payments launched in India

Amazon launched Amazon Pay UPI for seamless transactions on Android in February this year. The company partnered with Axis bank to issue UPI IDs to its customers and allowed them to link their bank account on their Amazon mobile app and make fast, easy, and secure payments directly from the bank account. Today, Amazon has launched person to person (P2P) payments through UPI for Android users with a launch offer. Amazon users can now make instant bank-to-bank transfers using UPI platform on ...
Tags: Amazon, News, India, Blogging, UPI, Today Amazon, Amazon Pay, Amazon Pay India, Amazon Pay UPI, Amazon Pay P2P, Amazon Pay payments, Amazon Pay Send/Receive money


Amazon Pay launches peer-to-peer payments in India

Continuing its investment in India, Amazon today announced the launch of person-to-person (p2p) payments via Amazon Pay for Android users in the country. Customers can now make instant bank-to-bank transactions through the UPI platform on the localized version of the Amazon app, allowing them to settle bills and other expenses with friends, lend or return money with family, pay for services, and more. Notably, the new p2p service will also allow customers to make payments from their bank account...
Tags: Google, Amazon, Ecommerce, Money, India, Tech, E-commerce, Retail, Mobile Payments, Payments, Online Payments, Financial Services, UPI, P2p, Reserve Bank of India, Reliance Industries Limited RIL


Bacteria Use Viruses To Differentiate Themselves From Their Competitors, Study Finds

schwit1 shares a report from UPI: Normally, bacteria and viruses are enemies, but new research suggests a viral infection can offer bacteria some benefits -- chiefly, the ability to distinguish friend from foe. Scientists discovered the phenomenon after observing a stark demarcation line between two strains of the bacteria Escherichia coli K-12, but no such divide between identical clones. The related rivals steered clear of one another, while the identical strains swam toward one another. To fi...
Tags: Tech, UPI, Escherichia


Does Google Pay need the RBI’s approval to operate in India?

The Delhi High Court on Wednesday asked the Reserve Bank of India how Google Pay was operating in India without its approval, PTI reported. The court was hearing a petition that claimed Google Pay had violated the Payments and Settlements Act as it did not figure in the RBI’s list of authorised... ...
Tags: Travel, Google, News, India, Payments, UPI, Delhi High Court, RBI, PTI, Digital Payments, NPCI, Google Pay, Reserve Bank of India how Google


India’s Cashfree raises $5.5M from Korea’s Smilegate, Y Combinator and others

Cashfree, an India-based startup that specializes in making corporate banking services more accessible and easier to use, has closed a $5.5 million Series A round. The deal is led by Smilegate Investment — the fund affiliated with Korean games firm Smilegate — with participation from Y Combinator, the U.S. accelerator program that Cashfree graduated from in 2017. The startup previously raised an undisclosed seed round from investors that include former UK Finance Minister George Osborne, and Vel...
Tags: Google, Fundings & Exits, Y Combinator, Asia, UK, Finance, India, Funding, Tech, ExxonMobil, George Osborne, Banking, Economy, United States, United Kingdom, Xiaomi


BHIM’s 14.9M transactions accounted for only 1.9% of UPI payments in March 2019

The number of transactions on the Bharat Interface for Money (BHIM) UPI app was 14.9 million for the month of March 2019, up 16.3% from 12.8 million last month. The total value of the transactions stood at Rs 6,417 crore, up 14% from Rs 5,624.2 crore in February 2019, according to data provided by... ...
Tags: Travel, Mobile, News, Internet, Finance, Banking, Mobile Payments, Payments, UPI, Digital Payments, NPCI, BHIM, Bharat Interface for Money BHIM UPI


Where Was Charles Evers After Martin Luther King, Jr Was Murdered?

At 6:01pm on April 4, 1968, Martin Luther King, Jr. was murdered in Memphis, TN at the Lorraine Motel. Recently, I posted a statement from the John and Vera Mae Perkins Foundation regarding the night of Martin Luther King Jr’s murder. Since 2007, John MacArthur has publicly stated that he traveled from Jackson, MS to Memphis, TN the night MLK was murdered. His stories strongly imply that his companions on that trip were civil rights icons John Perkins and Charles Evers, as well as other unnamed ...
Tags: Health, Atlanta, John, Jackson, St Louis, Naacp, Martin Luther King, Memphis, Infertility, Martin Luther King Jr, UPI, Gary, Greenwood, John MacArthur, Bobby Kennedy, Deborah


SEBI extends Phase I of implementing UPI for investing in IPOs to June 30

Market regulator SEBI on Wednesday extended the timeline for implementing Phase I of Unified Payments Interface (UPI) as an alternative payment method for retail investors buying shares in a public issue. This means Phase II, which involves doing way with the need to physically move forms to block... ...
Tags: Travel, News, Ipo, Payments, UPI, SEBI, Digital Payments


NPCI cuts UPI usage fees for small transactions from 25 paise to 10 paise

The National Payments Corporation of India (NPCI), which runs the Unified Payments Interface (UPI) network, has slashed usage fees for small transactions to encourage banks and payment service providers (PSPs) to adopt the system, the Economic Times reported. The report said NPCI has reduced:... ...
Tags: Travel, News, India, Payments, UPI, Economic Times, NPCI, National Payments Corporation of India NPCI, Unified Payments Interface UPI


India’s Mswipe raises $30M to grow its smart point-of-sale terminal business

Mswipe, an Indian fintech company that develops point-of-sale terminals for merchants, has pulled $30 million in new funding as it bids to triple its reach to 1.5 million merchants over the next year. The company’s previous funding as a Series D in 2017 that ended up at just over $40 million, thanks to a $10 million extension from B Capital — the investment firm set up by Facebook co-founder Eduardo Saverin that’s backed by BCG. This time around, B Capital has provided the funding alongside othe...
Tags: Facebook, India, Tech, Turkey, UPI, Eduardo Saverin, Patel, Manish Patel, Mswipe, Falcon Edge Epiq Capital, MoneyStore Patel


UPI transactions grew to 799.5M in March 2019; Rs 133,460.7 Cr transacted

The Unified Payment Interface (UPI) saw an increase of 18.6% in the total transaction volumes taking place between February 2019 and March 2019, according to data published by the National Payments Corporation of India (NPCI). The NPCI is a private company owned by Indian banks, and owns and... ...
Tags: Travel, News, Finance, Digital, Banking, Payments, Fintech, UPI, Digital Payments, NPCI, National Payments Corporation of India NPCI


Kotak Mahindra Bank to charge for UPI transactions from May; MediaNama’s take and a prediction

By Zaheer Merchant and Nikhil Pahwa Kotak Mahindra Bank will begin charging customers for peer-to-peer Unified Payments Interface (UPI) transactions from May 1, becoming the first bank to do so, the Times of India reported. According to the report: From May, Kotak Mahindra Bank customers will be... ...
Tags: Travel, Ecommerce, News, Payments, UPI, Times of India, Kotak Mahindra Bank, Digital Payments, Medianama, NPCI, Zaheer Merchant, Nikhil Pahwa Kotak Mahindra Bank


Syndication of Legal News

What if there was legal news service, ala UPI, that syndicated legal news, information and commentary so that such news and commentary could be published by third-parties? UPI (United Press International), founded in 1907, at its peak had more than 2,000 full-time employees, 200 news bureaus in 92 countries and more than 6,000 media subscribers, including newspapers, magazines, radio and television stations.  As a kid I thought it incredibly neat that our local daily small town newspaper...
Tags: Google, Publishing, Law, Ap, Kennedy, UPI, Reuters, Walter Cronkite, Cronkite, UPI United Press International


Korea Box Office: ‘Us’ Opens on Top, ‘Dumbo’ Lands in Fourth

American horror thriller “Us” debuted on top of the South Korean box office. The UPI release opened on Wednesday (Mar. 27), and earned $6.98 million from 936,400 admissions over five days. The previous weekend’s winner, Korean crime drama “Money” slipped to second place. The Showbox release earned $4.73 million from 601,900 admissions between Friday and […]
Tags: Asia, News, Global, US, Korea, Box Office, UPI, Dumbo, Korea Box Office


Top 10 stories of the week: March 25th to 31st March 2019

In no particular order, here are MediaNama’s top 10 stories of the week ended 31st March 2019 MediaNama would like to thank its sponsors: E2E, for their support. Banks ask RBI to allow recurring payments in UPI 2.0: Report Indian lenders have asked the Reserve Bank of India (RBI) to allow customers... ...
Tags: Travel, Home, News, UPI, Reserve Bank of India RBI


Coming to a town near you: Google Pay, Pine Labs and UPI payments

Google Pay and Pine Labs have tied up to give Google Pay access to 330,000 POS terminals in 3,000 towns in India, the companies said in a statement. These payments will be made through UPI at POS counters, using the Google Pay user’s phone number, which can be authenticated by the user and... ...
Tags: Travel, Google, News, Internet, India, UPI, POS, Digital Payments, Offline Stores, Pine Labs, Google Pay, Google Pay Pine Labs