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Starting 1 August 1 2025, new set of UPI rules will come into effect, changing how UPI users use the service. The new rules pertains to balance check, checking bank account links and transaction status among other major things. Here's all Paytm, PhonePe, GPay, BHIM users need to know.
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Paytm, PhonePe, GPay, Bhim users must know in details regarding the UPI rule changes that are being implemented from next month.
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As per the NPCI circular, new rules regarding APIs will kick in with regards to UPI Payment. The rules will be effective from 1 August 2025.
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Downdetector shows a spike in outage reports throughout the day, with 276 complaints recorded by 7:15 PM.
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Users in India and Singapore can be reassured as the service will remain unchanged in these areas.
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The MoU between Gpay India and NIPL will aim to ease doing business and making payments for Indian travellers and people from other countries who are coming to India.
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The UPI LITE feature was launched by the Reserve bank of India in September 2022 to ease the UPI transaction process and is enabled by National Payments Corporation of India (NPCI).
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"With the Aadhaar-based UPI onboarding flow, Google Pay users will be able to set their UPI PIN without a debit card," Google Pay said in a statement.
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The app will now also allow its users to pay their electricity and water bills and pay their municipal tax for that matter.
Cred is likely to offer rewards to customers to bring users from rivals such as Paytm, PhonePe, and GPay to its mobile app.
Cred is allowing customers to use a portion of their Cred points to get a discount on mobile and other recharges.
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Customers of banks that fell under the sanctions will not be able to pay with cards of these banks abroad.
Google Pay and Apple Pay aren`t as popular in Russia as they are in the US, The Verge reported late on Saturday.
Russia`s most popular mobile payment service was the Russia-owned Sberbank Online.
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The court issued notice to RBI and Google India seeking their stand on the issue raised in the plea by Abhijit Mishra.
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