However, recent incidents of identity theft and fraud through AePS has prompted the central bank to act. In line with the ...

Space vector modulation (SVM) is a widely used method for multilevel inverters. Most of the SVM methods are nearest three vector (N3V) based schemes. Therefore, several researchers have proposed ...

NPCI generates revenue primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), ...

India’s Unified Payments Interface (UPI) is free and run by a monopoly, but this model could mean under-investment in security. Fee-based online transfers rivalling UPI may help.

A new perk has been introduced for Unified Payments Interface (UPI) users- super-fast transactions are now at your fingertips. The National Payments Corporation of India (NPCI), which manages UPI, has ...

UPI payments are now faster than ever, thanks to a major backend upgrade rolled out by NPCI. From June 16, key transaction processes like payments, reversals, and status checks are completing in ...

Indian consumers can now expect faster UPI payments, particularly for merchant transactions, following new guidelines from the National Payments Corporation of India (NPCI) that significantly reduce ...

The National Payments Corporation of India (NPCI), the umbrella organisation that looks after retail payments and settlement systems in India, has adopted new guidelines to make UPI transactions like ...

This follows the NPCI’s announcement last month of new guidelines imposing a 50‑time limit on daily account‑balance checks to streamline operations and reduce strain on the UPI system. The development ...

As per another NPCI circular, customers will soon be able to check their account balance 50 times a day through their UPI apps. As of now, there is no limit to check account balance in a day and ...

Peak UPI hours have been defined as 10:00 am to 1:00 pm and 5:00 pm to 9:30 pm. NPCI has directed all banks and partners to follow these guidelines and complete the necessary system updates by ...

Get ready for faster UPI payments! from Monday, the National Payments Corporation of India (NPCI) is making all UPI transactions, including money transfers and status checks, much quicker, aiming ...