The regulator in its circular said that "to facilitate smooth transactions of payment of premium, a facility of the Unified ...

Google Pay, the front-runner in the Unified Payments Interface (UPI) game, has started levying a convenience fee for bill ...

The report underscores UPI's transformative impact on businesses and consumers while highlighting the critical infrastructure ...

UPI dominates India's digital payments, reaching 84% of transactions in FY24. Its growth fuels financial inclusion and cross-border payments.

Here are Google Pay charges, and convenience fees for bill payments using credit/debit cards. But why is it charging this fee ...

The UPI feature for facilitating seamless recurring payments has seen transaction volume through Autopay tripling to 175 ...

While Google Pay has started levying this charge now, other mobile payment applications such as Amazon Pay, PhonePe and Paytm already levy similar charges.

Earlier, Google Pay partnered with NPCI to launch UPI Circle. This feature allows users to add family members and friends as secondary users.

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new payment mechanism called Bima-ASBA ...

Referred to as Bima-ASBA (applications supported by blocked amount), transfer of money from a prospective policyholder to the ...

This feature will allow policyholders to block funds in their bank accounts for premium payments, ensuring transactions ...