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Start shopping, paying bills from mobile as Unified Payments Interface goes live

Thursday, August 25, 2016 | More »

National Payments Corporation of India (NPCI) today said the Unified Payments Interface (UPI) is live and currently available for customers of 21 banks. UPI is a payment solution which empowers a recipient to initiate the payment request from a smartphone. It facilitates ‘virtual payment addre...


Oxigen ties up with NPCI to unveil instant remittance service OxiCash for unbanked people

Gurgaon-based payments solutions provider Oxigen Services India Pvt Ltd has tied up with the National Payment Corporation of India (NPCI) to introduce OxiCash, an instant money transfer service for unbanked people. OxiCash is a mobile wallet service through which people can make money transfers to a...

8 May, 2013 | More »

Global E-payments & M-payments To Almost Double To $1.6T By 2013: Study

The number of global e-payments (online payments for e-commerce activities) is expected to grow from 17.9 to 30.3 billion transactions between 2010 and 2013, while m-payments are expected to grow from 4.6 to 15.3 billion transactions in the same period, according to a joint report by jointly by Capg...

15 September, 2011 | More »

Use USSD Messages On Mobile For Bank Balance Enquiry: NPCI

The National Payment Corporation of India is in talks with telcos to facilitate banking transactions through USSD (unstructured supplementary service data) messages, according to ToI. NPCI proposes the use of mobiles to offer non-financial transactions such as obtaining your bank balance. USSD (Unst...

13 September, 2011 | More »