NPCI

UPI Circle By NPCI: A New Way To Manage Digital Transactions With Delegates

16 Aug 2024

The National Payments Corporation of India (NPCI) has unveiled a new feature called "UPI Circle," which allows users to share their UPI accounts with others. Approved during the UPI Steering Committee meeting on August 3, 2023, this feature enables primary users to delegate payment tasks to trusted secondary users. What...

UPI, IMPS Payment Services Disrupted For These Banks Due To Ransomware Attack

01 Aug 2024

The National Payments Corporation of India (NPCI) has announced that UPI, IPMS, and other payment systems of certain banks will be temporarily unavailable to customers due to a ransomware attack on C-Edge Technologies, a service provider to several banks. In a statement, NPCI explained, "To prevent a larger impact on...

Paytm Market Cap Drops to $2.5 Billion; Shares Continue to Decline

07 May 2024

On Tuesday, the market capitalization of One 97 Communications, the parent company of fintech platform Paytm, neared $2.5 billion as its shares continued to decline. Trading at Rs 334.15 on the Bombay Stock Exchange, the Noida-based company's stock saw a 4.99% drop at market close. This follows a 5% decrease...