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  2. Unified Payments Interface - Wikipedia

    en.wikipedia.org/wiki/Unified_Payments_Interface

    Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.

  3. Payment and settlement systems in India - Wikipedia

    en.wikipedia.org/wiki/Payment_and_settlement...

    Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform .

  4. PhonePe - Wikipedia

    en.wikipedia.org/wiki/PhonePe

    PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. [5] [6] It was founded in December 2015, [7] [2] by Sameer Nigam, Rahul Chari and Burzin Engineer. [8]

  5. National Unified USSD Platform - Wikipedia

    en.wikipedia.org/wiki/National_Unified_USSD_Platform

    The National Unified USSD Platform (NUUP), also known as the *99# service, is a platform that provides access to the Unified Payment Interface (UPI) service over the USSD protocol. Initiated by the Government of India and developed by the National Payments Corporation of India (NPCI), it facilitates access to banking services from mobile phones.

  6. Indian agency searches fintech Paytm, Razorpay and ... - AOL

    www.aol.com/news/indian-agency-searches-fintech...

    India's financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday as part of an ongoing investigation into fraudulent Chinese loan ...

  7. Sarvatra Technologies - Wikipedia

    en.wikipedia.org/wiki/Sarvatra_Technologies

    After securing a loan worth ₹35 million from his father's Suvarna Sahakari Bank in May 2002, [5] the companies launched a point of sale (PoS) terminal called "Sarvatra" through the bank's 12 branches across Maharashtra in July 2003. [6] [7] The name Sarvatra Technologies began being used officially by 2004. [8]

  8. India delays UPI payments market share cap in relief for ...

    www.aol.com/news/india-delays-upi-payments...

    PhonePe's share of UPI payments stood at 47.8% in November 2024 while Google Pay's share was at 37%, according to regulatory data. The two firms processed a combined 13.1 billion transactions in ...

  9. Heads up if you’re a freelancer or small business owner: The ...

    www.aol.com/finance/heads-freelancer-small...

    It does not include personal payments you may receive from friends or family. Some things won’t change — like your tax obligation and the chance for errors Keep in mind, the rule change does ...