AUTOPAY
FASTags, NCMC payments to become easier: You don't have to add money manually for each recharge
New recurring payments rule: The Reserve Bank of India (RBI) announced including recurring payments for Fastag, National Common Mobility Card (NCMC), etc. with auto-replenishment facility under the e-mandate framework.
IRCTC train ticket online booking: Pay for a ticket only when it's confirmed, get instant refund if cancelled; here's how
IRCTC online train ticket booking: There is a mechanism using which you can book a train ticket online on IRCTC's app and website and not pay money immediately unless you get a confirmed ticket. This feature is however only available on IRCTC's iPay payment gateway and not others. Read here to know how to use it.
Paytm QR code, Paytm wallet, autopay, FASTag: What is allowed, what isn't after RBI deadline of March 15?
Paytm customers are worried about whether they can use the Paytm wallet or Paytm QR code after the deadline of the Reserve Bank of India (RBI) ends. A large number of customers and businesses rely on various services of Paytm for their day-to-day needs. What services will be allowed for Paytm customers after RBI deadline of March 15? What Paytm services will be stopped after the deadline. ET Wealth Online jots down latest rules and restrictions on Paytm customers. All you need to know.
Total UPI transactions cross 100 billion mark in 2023
NPCI operates the UPI service along with other payment processing infrastructure. Total transactions processed by UPI in 2023 stood at 117.6 billion. The UPI rails also witnessed a little over Rs 182 lakh crore in total value being processed through the payments infrastructure last year, data showed. Monthly transactions on UPI have seen an over 49% jump between January and December in 2023.
UPI AutoPay top of charts in low-ticket recurring payments
UPI AutoPay is the recurring payment mandate run by the NPCI on the UPI payment mode. Consumers usually use the feature to pay for their entertainment, newspaper subscriptions and other small-value recurring payments.
Mirae Asset Mutual Fund launches UPI AutoPay mandate
“At Mirae Asset one of our foremost principles is Clients First approach, we have always believed in providing our investors with efficient solutions. UPI has already revolutionised payments, with UPI autopay we are introducing a new facility which has the potential to revolutionise SIPs. We are confident this facility should help our investors to adopt UPI autopay as a preferred mode for Mandate registrations.” said Shrinivas Khanolkar, Head - Products, Marketing & Corporate Communications, Mirae Asset Investment Managers (India) Pvt. Ltd.
UPI-RuPay credit card: You can leave it home but still use it to pay at physical stores
With the introduction of adding RuPay credit card on BHIM UPI, customers (having UPI account on an app in their smartphone) can scan QR codes available at merchant shops and pay via their RuPay credit cards linked to their UPI account. How RuPay credit card on UPI will work and help you in your day-to-day life
New Data Bill draft to allow storage in trusted nations, Amazon layoffs likely to hit India staff
The government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection Bill, doing away with the data localisation requirement proposed in the earlier version, people privy to the matter told us.
Data localisation to be scrapped in new Bill, Amazon layoffs to hit India staff
The government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection Bill, doing away with the data localisation requirement proposed in the earlier version, people privy to the matter told us.
Google Play launches UPI Autopay payment for subscription-based purchases in India
Introduced under UPI 2.0 by NPCI, UPI Autopay helps customers make recurring payments using any UPI application that supports the feature.
NCPI pitches UPI AutoPay for Twitter blue tick; Paytm sees smart-money exodus
Less than a week into his ownership of Twitter, Elon Musk has announced a raft of changes for the social media platform, including the way it distributes ‘verified’ badges or ‘blue ticks’ to certain users. A day after he said Twitter would give the badge – and other benefits – to anyone willing to shell out $8 a month, the CEO of NPCI replied to his tweet, pitching UPI AutoPay as an easy way to handle these payments.
NPCI CEO pitches UPI autopay to pay $8 fee for blue tick on Twitter
National Payments Corporation of India (NPCI) managing director and chief executive Dilip Asbe replied to a tweet by billionaire Musk, saying the UPI's recurring payments offering already has 7 million users.
UPI AutoPay: Tata Mutual Fund to offer SIP via UPI Autopay
According to a news release published by CAMS, TATA Mutual Fund has enabled one-time and recurring payments on their digital properties via CAMSPay's UPI AutoPay.
Jio users can now set standing instructions for tariff plans via UPI auto-debit
National Payments Corporation of India and Jio in a joint announcement on Thursday said UPI AUTOPAY has now been introduced for the telecom industry with Jio. This will enable Jio customers to set standing instructions on the MyJio App, using UPI AUTOPAY for their favourite tariff plans and hassle-free recharging experience.
New auto-debit rule: How to use BHIM UPI app's auto-pay facility to make recurring payments
Here is a look at how UPI users can use the auto-pay facility set up an e-mandate to make recurring payments linked to debit and credit cards.
UPI Autopay goes mainstream
You can now set up automatic monthly payments for your Netflix or Hotstar subscription without a debit or credit card, thanks to the Unified Payments Interface (UPI).
Third-party apps turn on UPI autopay mode
Autopay allows users to make recurring transactions below Rs 5,000 through UPI apps. Most of these currently take place through card-based mandates that are more sophisticated, and settlements more expensive.
App Wars
In today's ETtech Morning Dispatch newsletter: Indian govt's mobile app store plan, RBI postpones new rules on storing card details, and InMobi gears up for a public listing.
NPCI launches UPI AutoPay feature for recurring payments
Many organisations, including Axis Bank, Policybazaar, Razorpay, Timesprime, PayUIndia, among others will be providing the option of UPI AutoPay to its customers for recurring payments of subscriptions, monthly and yearly payments.
Load More
