The FinTech Hub
Source: Business Standard 2 min read Last Updated : Sep 26 2024 | 5:44 PM IST The National Payments Corporation of India (NPCI) has announced changes to the UPI Autopay framework. Effective immediately, auto-replenishment of NETC FASTag and RuPay National Common Mobility Card (NCMC) will no longer require the standard 24-hour pre-debit notification. …
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has directed that all individual investors applying for public issues of debt securities through intermediaries for amounts up to ₹5 lakh should only use UPI for blocking the required funds. The investors should provide a bank account-linked UPI ID in the bid-cum-application…
Source: Business Standard SEBI(Photo: Shutterstock) 3 min read Last Updated : Sep 25 2024 | 9:30 AM IST The Securities and Exchange Board of India (SEBI) has introduced new guidelines to streamline the application process for public issues of debt securities. Retail investors applying for public issues of debt securities through stock brokers for…
Source: Business Standard 2 min read Last Updated : Sep 24 2024 | 8:24 PM IST To streamline the application process for public issues of debt securities, markets regulator Sebi on Tuesday asked individual investors applying for amounts up to Rs 5 lakh through intermediaries to use only UPI to block funds. Further,…
Source: Business Standard UPI | (Photo: Shutterstock) 2 min read Last Updated : Sep 24 2024 | 6:11 PM IST India is in talks with countries in Africa and South America to help them build a digital payments system using its homegrown Unified Payments Interface (UPI) as a blueprint and expects two launches by…
Source: Business Standard The questions regarding transaction fee on UPI received 15,598 responses (Photo: Shutterstock) 2 min read Last Updated : Sep 22 2024 | 12:08 PM IST Around 75 per cent UPI users will stop using it if any transaction charge is levied on the service, a survey by Localcircles said on Sunday….
Source: Business Standard 2 min read Last Updated : Sep 16 2024 | 1:55 PM IST A new feature called UPI Interoperable Cash Deposit (UPI-ICD) is changing the way you deposit cash at ATMs. This innovative service allows you to deposit cash into your bank account using any UPI app, eliminating the need for…
Source: Live Mint With a string of Initial Public Offerings (IPO) being made by companies across sectors, investors are practically spoilt for choice. With the IPOs of Baazar Style Retail, PN Gadgil Jewellers and Bajaj Housing Finance IPOs just concluded, there are many more IPOs lined up in the near future. In August alone, 17…
Source: Live Mint If you are using UPI Lite for small-value transactions, then there is good news for you. Starting October 31, you will be able to use auto top-up option for reloading the amount of your choice in your UPI Lite account. By issuing a circular dated August 27, the National Payments Corporation of…
Source: Business Standard It processes transaction values of about Rs 100-200 crore every month. Credit cards on UPI record about Rs 10,000 crore a month. 2 min read Last Updated : Aug 22 2024 | 3:46 PM IST Fintech major PhonePe on Thursday announced the launch of a credit line on the Unified Payments…
