RBI Allows UPI Payments via Third-Party Apps for PPI Holders The Reserve Bank of India (RBI) has made a significant move by permitting Unified Payments Interface (UPI) payments via third-party applications for Prepaid Payment Instrument (PPI) holders. This initiative aims to enhance the ease of digital transactions and promote financial inclusion by expanding the scope…
India’s First UPI ATM: How Will It Be Different from Cardless Cash Withdrawals? In recent news, India has achieved yet another milestone in its quest for a digital and cashless economy with the introduction of the country’s first UPI (Unified Payments Interface) ATM. This innovative step promises to revolutionize the way people access cash and…
India Tops Digital Payments Rankings Globally, Shows MyGovIndia Data India has achieved a significant milestone in the digital payments sector, as recent data from MyGovIndia reveals that the country has emerged as the global leader in digital payments. This remarkable feat highlights the rapid adoption and success of digital payment platforms in India, revolutionizing the…
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