NPCI Archives - Bharat Pulse News

UPI‑PayNow Links 19 Banks for SG Transfers

By BPN News Desk July 17, 2025

Business Finance

The National Payments Corporation of India (NPCI) has expanded the UPI‑PayNow facility by adding 13 more Indian banks to its international remittance network. With this update, a total of 19 Indian banks can now facilitate real-time cross-border fund transfers between India and Singapore.

Finance

NPCI to Phase Out ‘Collect Call’ Transactions to Reduce UPI Fraud

By BPN News Desk March 18, 2025

The National Payments Corporation of India (NPCI) is set to phase out the ‘collect call’ feature in Unified Payments Interface (UPI) transactions to curb rising fraud cases. The feature, which allows merchants to send payment requests to customers for approval, has been widely exploited by scammers tricking users into authorizing unintended payments. To enhance

Finance

RuPay Captures 16% of India’s Credit Card Market, Boosted by UPI Integration

By BPN News Desk March 2, 2025

RuPay, India’s indigenous payment network, has achieved a significant milestone by capturing approximately 16% of the country’s total credit card spending. Notably, nearly half of these transactions are facilitated through the Unified Payments Interface (UPI), highlighting the growing integration of RuPay credit cards with UPI’s seamless payment system.