March 7, 2025

NPCI

AI democratization crucial for India’s global leadership, say experts at Mint AI Summit 2025 | Mint

AI democratization crucial for India’s global leadership, say experts at Mint AI Summit 2025 | Mint

TheSpuzz Desk09 mins

Source: Live Mint India must democratize AI to establish itself as a global leader in artificial intelligence, AI experts deliberated at the Mint AI Summit 2025. They highlighted the need for collaboration across multiple sectors, including public-private partnerships, universities, and scholars. Currently, India lags in AI PhD holders and faces significant infrastructure challenges, particularly in…

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New FASTag rules kick in today: Delayed transactions, penalties, and more. Key steps for trouble-free tolls | Mint

New FASTag rules kick in today: Delayed transactions, penalties, and more. Key steps for trouble-free tolls | Mint

TheSpuzz Desk04 mins

Source: Live Mint Several new rules for FASTag will be implemented starting Monday, February 17, 2025, aimed at streamlining toll transactions. These changes, as outlined in circulars from the National Payments Corporation of India (NPCI), are designed to enhance the efficiency of toll payments and improve security. Here’s everything you need to know to avoid…

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UPI transactions: These new rules will come into force from Feb 15. Check details | Mint

UPI transactions: These new rules will come into force from Feb 15. Check details | Mint

TheSpuzz Desk03 mins

Source: Live Mint National Payments Corporation of India (NPCI) has issued fresh instructions with regards to UPI transactions relating to auto acceptance and rejection of chargebacks basis the Transaction Credit Confirmation (TCC) and returns. The digital payments body has rolled out auto acceptance and rejection of chargebacks basis the TCC/RET raised by the beneficiary bank…

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Investing via UPI: Daily transaction limit to be raised to ₹5 lakh from ₹2 lakh, says Sebi | Mint

Investing via UPI: Daily transaction limit to be raised to ₹5 lakh from ₹2 lakh, says Sebi | Mint

TheSpuzz Desk03 mins

Source: Live Mint Capital markets regulator Securities Exchange Board of India (Sebi) has alluded that the daily transaction limit for capital market transactions is set to be raised to ₹5 lakh. The daily transaction limit currently stands at ₹2 lakh. Notably, this is not a final announcement but a part of the Sebi’s consultation paper…

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UPI hits record with ₹16.73 billion in transactions in December 2024 | Mint

UPI hits record with ₹16.73 billion in transactions in December 2024 | Mint

TheSpuzz Desk03 mins

Source: Live Mint Unified Payments Interface (UPI) transactions hit a record 16.73 billion in December 2024, shows data released by the National Payments Corporation of India (NPCI). This figure marks an eight percent increase as compared to November’s data, which recorded 15.48 billion transactions. NPCI also reported that the total value of transactions in December…

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Beware of ’digital arrest’ scam, NPCI’s must-know tips to protect your money, identity | Mint

Beware of ’digital arrest’ scam, NPCI’s must-know tips to protect your money, identity | Mint

TheSpuzz Desk04 mins

Source: Live Mint The National Payments Corporation of India (NPCI) has sounded the alarm about a growing threat to digital payment users: the “Digital Arrest” scam. This scheme involves cybercriminals impersonating government officials to intimidate individuals into transferring money or disclosing sensitive information. NPCI has provided detailed guidance on how to recognize and avoid falling…

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