Samvriddhi Inclusive Growth Network Pvt. Ltd. (SIGN), a subsidiary of MOS Utility Limited, has received in-principle authorisation from the Reserve Bank of India to operate […]
Tag: PPI
RBI introduces UPI access for prepaid wallets via third-party apps
The Reserve Bank of India (RBI) has enabled Prepaid Payment Instrument (PPI) holders to make Unified Payments Interface (UPI) transactions through third-party applications. This policy […]
UPI Payments: Who will pay extra charge, who won’t?
1.1% fee?Buzz prevailed over the whole country as reports emerged saying that the NPCI will levy a fee of up to 1.1% on prepaid payment […]
No charge on normal UPI transactions for customers, says NPCI
The National Payments Corporation of India (NPCI) on Wednesday issued a clarification about the recently introduced interchange charges, saying the charges are not applicable to […]