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India Today on MSNSmall shopkeepers are turning away from UPI paymentsUPI saw over 14.04 billion transactions in June 2024. Yet, for many at the grassroots, the system seems too complex and risky to fully embrace.
First, the non-profit National Payments Corporation of India (NPCI), an initiative of the central bank and a banking association, launched the payment infrastructure UPI.
The National Payments Corporation of India (NPCI), a special unit of the Indian central bank, wants to limit the market share of individual companies in the popular Unified Payments Interface ...
Ministry of Communications, Government of India, and NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India, ...
NPCI International Payments has expanded the UPI-PayNow real-time payment linkage by adding 13 Indian banks to the platform.
At issue is whether the National Payments Corporation of India, which reports to India’s central bank, will enforce a rule limiting companies to handling no more than 30% of all UPI transactions ...
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