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Tag: Unified Payments Interface

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Google Wants US Fed Reserve To Follow India's UPI Example

New Delhi: In a thumbs up to the Indian government’s Unified Payments Interface (UPI) scheme, Google has written to the US Federal Reserve Board detailing the successful example of UPI-based digital payment in India in order to build “FedNow” — a new interbank real-time gross settlement service (RTGS) for faster digital payments in the US. […]

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No Levying Of Charges On NEFT Payment From January: RBI To Banks

Mumbai: Come January 2020, and customers may not have to pay any charges for transactions done through the popular NEFT system. A proposal in this regard has been mooted by the RBI to give impetus to digital transactions on the third anniversary of demonetisation. The central bank has also proposed that FASTags would be enabled […]

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UPI now a payment option on Google Play Store

New Delhi: Google Play Store has now added Unified Payments Interface (UPI) as a payment option for its users in India, according to media reports. Google Play Store in India currently supports credit cards, debit cards, net banking and carrier billing via Airtel and Vodafone, Google Play Gift Cards and Google Play Balance, and through […]

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Reliance Energy offers Google TEZ payment platform

Mumbai: Reliance Energy announced on Friday it has become the first utility to link up with Google for its Google TEZ, a Unified Payments Interface (UPI)-based payment platform. Customers can now download the TEZ app and identify their bank account through their registered phone banking mobile number which would be mapped to the bank account […]

Google likely to launch payment app 'Tez' in India

New Delhi: Joining the digital payment bandwagon in India, Google is reportedly launching a Unified Payments Interface (UPI)-based digital payment service called “Tez” as early as next week. According to The-Ken.com, on September 18, “Google, Alphabet Inc’s subsidiary, will make an entry into India’s fast growing and super competitive digital payment ecosystem”. According to the website, […]

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New WhatsApp Beta version shows UPI payment feature

San Francisco/New Delhi: WhatsApp will soon facilitate instant money transfer via the Unified Payments Interface (UPI) transaction system, shows a new Beta update by the Facebook-owned mobile messaging platform. According to a blog website WABetaInfo late on Wednesday, WhatsApp was finally giving shape to its plans towards bank-to-bank transfer using the UPI system. In the […]

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