BusinessStartupsStartups InsightsTechnology UPI Transaction IDs to Exclude Special Characters from February 1: A Step Towards Enhanced by Arti Singh January 30, 2025 January 30, 2025 In a significant move by the National Payments Corporation of India (NPCI), starting February 1, 2025, UPI (Unified Payments Interface) transaction IDs will no longer accept special characters. The decision …
StartupsStartups InsightsTechnology India Postpones UPI Payment Market Share Cap, Easing Pressure on PhonePe and Google Pay by Arti Singh January 1, 2025 January 1, 2025 India has announced a two-year delay in the implementation of a market share cap for Unified Payments Interface (UPI) transactions, a move that benefits major players like Google Pay and …
BusinessStartups FundingStartups Insights RBI Grants UPI Access to Prepaid Payment Instruments via Third-Party Apps by Arti Singh December 28, 2024 December 28, 2024 The Reserve Bank of India (RBI) has introduced a groundbreaking policy change, allowing prepaid payment instrument (PPI) users to make Unified Payments Interface (UPI) transactions through third-party mobile applications. This …
