Starting from April 1st, an interchange fee of up to 1.1 percent will be applicable on prepaid payment instruments (PPIs) for merchant Unified Payments Interface (UPI) transactions, according to the National Payments Corporation of India (NPCI). The fee will be levied on UPI payments over INR 2,000 made to online merchants, large merchants, and small offline merchants. … [Read more...] about New NPCI Proposal Suggests Interchange Fee of Up to 1.1% for PPI UPI Transactions over ₹2,000
Net Banking / Mobile Banking
What To Do If You HAVE To Use A Public WIFI And Do A Banking Transaction? Safety Tips!
In today's digital age, the convenience of accessing the internet on-the-go has made public Wi-Fi hotspots an attractive option for many people. However, when it comes to performing sensitive transactions, such as banking, using public Wi-Fi can put you at risk of cyber attacks and identity theft. This is because public Wi-Fi networks are often unsecured and vulnerable to … [Read more...] about What To Do If You HAVE To Use A Public WIFI And Do A Banking Transaction? Safety Tips!
Be Cautious While Using UPI Apps | Important, yet ignored UPI safety tips!
Unified Payments Interface (UPI) has revolutionised the way people transfer money in India. With just a few taps on their smartphones, users can transfer funds instantly from one bank account to another. UPI has become increasingly popular among Indian consumers and businesses alike due to its convenience and ease of use. However, while UPI has made digital transactions … [Read more...] about Be Cautious While Using UPI Apps | Important, yet ignored UPI safety tips!
How To Find Out Registered Mobile Number In Bank Account? Why Is It Important?
Having a registered mobile number with your bank account is an essential aspect of maintaining a healthy banking relationship. A registered mobile number enables you to receive important alerts, updates, and notifications from your bank on your phone. It also ensures the security of your account as you will receive real-time updates about any transactions or changes made to … [Read more...] about How To Find Out Registered Mobile Number In Bank Account? Why Is It Important?
If UPI Transaction Charges Come To Practice, How To Reduce Or By-Pass Or Avoid Those Charges?
Unified Payments Interface (UPI) is a revolutionary payment system introduced by the National Payments Corporation of India (NPCI) in 2016. It enables instant money transfer between bank accounts through a mobile application, making digital transactions faster and more convenient than ever before. UPI has transformed the way people in India transact, making it easier for … [Read more...] about If UPI Transaction Charges Come To Practice, How To Reduce Or By-Pass Or Avoid Those Charges?