by AIP Online Bureau | Aug 9, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology
Justifying marginal charges the government has said with exponential transaction volumes through UPI, the system requires significant and continuous upgrades in cybersecurity, fraud prevention, and infrastructure. It is also necessary to increase competition by...
by AIP Online Bureau | Jan 11, 2026 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy
The updated guidelines new Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, issued on January 8 , classify crypto exchanges as Virtual Digital Asset (VDA) service providers who will now have to do more than just allow simple document uploads. New...
by AIP Online Bureau | Apr 12, 2025 | Indian News, Risk Management, Technology
Earlier in the day, many people even faced difficulties while making payments via Unified Payments Interface (UPI). New Delhi: Meta-owned messaging app WhatsApp faced issues in India on Saturday evening, with users reporting issues in sending messages. Taking to...
by AIP Online Bureau | Oct 9, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
With new guidelines, the users will soon be able to do low-value UPI transactions of up to Rs 1,000 without entering the PIN. Earlier, the limit was Rs 500. The limit for UPI Lite balance has also been raised to Rs 5,000 from Rs 2,000. UPI Lite is available on Paytm,...
by AIP Online Bureau | Jul 21, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology
According to the latest National Payments Corporation of India (NPCI) data, the number of transactions on the UPI platform went up 49 per cent year-on-year to 13.9 billion in June and the transaction value rose 36 per cent to Rs 20.1 trillion. Also, the average daily...