Payment Methods
NPCI Launches 4 New UPI features
National Payments Corporation of India (NPCI) launched 4 new UPI features on September 6, 2023. The launch happened a week after UPI made 10 billion transactions a month. These products are expected to help UPI clock 100 billion transactions monthly instead of the previously set 30 billion transactions monthly. Let’s find out the products and ... NPCI Launches 4 New UPI features
- Anshul Gupta
- 14 September 2023 • 4 min read
What is UPI 123Pay? How to use it and How is it different from the current UPI interface?
In collaboration with the National Payments Corporation of India (NPCI), the Reserve Bank of India (RBI) launched the Unified Payment Interface (UPI) for feature phones known as UPI123Pay on March 08, 2022. Earlier UPI could be accessed through NUUP (National Unified USSD Platform) using the code *99#. But this option was very unpopular which gave ... What is UPI 123Pay? How to use it and How is it different from the current UPI interface?
- Anshul Gupta
- 8 March 2023 • 5 min read
Guide to Aadhaar-Enabled Payment System (AEPS)
Due to a large population and distant places, the government’s vision to include all the sections of society in the banking framework was quite challenging to achieve. Also, banking activities were not easily accessible in remote areas. With this vision and also to promote digitalization, the government came up with the launch of the Aadhaar ... Guide to Aadhaar-Enabled Payment System (AEPS)
- Vaibhav Khandelwal
- 2 March 2023 • 6 min read
Types of Cheques in the Indian Banking System and Where Are They Used?
Cheques are an important part of the Indian banking system and serve as a convenient way to transfer money between individuals and businesses. In this blog post, we will discuss the various types of cheques available in the Indian banking system and how to use them. We will also provide useful tips on when and ... Types of Cheques in the Indian Banking System and Where Are They Used?
- Anuj Agarwal
- 25 February 2023 • 8 min read
A Detailed Guide on How BHIM UPI Works
Operating since 30th December 2016, the Bharat Interface for Money or BHIM is a mobile payment app launched by the NPCI (National Payments Corporation of India). The objective behind launching this app was to make e-payments easier through banks as well as to popularise cashless transactions. The BHIM UPI app helps you to make payments ... A Detailed Guide on How BHIM UPI Works
- Anshul Gupta
- 19 November 2022 • 7 min read
