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UPI transactions will pinch your pocket; NCPI, PayTM gave only half truths

UPI transactions will pinch your pocket; NCPI, PayTM gave only half truths

31 March 2023 8:03 AM GMT

The catch here is that both the NPCI and the PayTM, in their clarifications in the last few days, have only told half the truth while concealing the rest

Phonepe

PhonePe fined Rs 2,000 over a failed transaction; asked to refund Rs 9,455

27 Dec 2022 11:59 AM GMT

PhonePe, a UPI payment provider, was ordered by the Telangana consumer court to refund Rs 9,455, an online payment made by a complainant

UPI Payments

Pay to pay; RBI proposes to levy charges on UPI payments

16 Dec 2022 10:13 AM GMT

The Reserve Bank of India (RBI) has proposed charges for Unified Payments Interface (UPI) for fund transfers.

India saw 9.36 bn transactions worth Rs 10.2 tn in Q1 2022, UPI leads

India saw 9.36 bn transactions worth Rs 10.2 tn in Q1 2022, UPI leads

28 Jun 2022 6:25 AM GMT

India saw 9.36 billion transactions amounting to Rs 10.25 trillion in the first quarter (January-March period) via various payment modes led by Unified Payment Interface (UPI)