Variety
6 days
“The Fate of the Furiousremained on top of the South Korean box office in its second weekend, comfortably beating the new releases. Accounting for 57% of the total weekend box office, the UPI release earned $5.12 million from 682,000 admissions between Friday and Sunday, extending its total to $18.9 million after two weekends. Megabox’s... Read more »
Breitbart News
7 days
April 23 (UPI) — A college freshman at a suburban Chicago college died after being hit by a hammer during a track meet, the private school said.
Ars Technica
12 days
Ars Technica
12 days
Breitbart News
12 days
Breitbart News
13 days
The Economic Times
13 days
KYC norms will increase customer acquisition costs and make a simple process complicated, the companies have said. They have also objected to additional authentication factors, higher net-worth requirements and the need for wallets partnering with ecommerce platforms and payment gateways to get a list of merchants from them. Some of these concerns, especially full KYC compliance, were raised at the meeting, according to those present. The meeting was organised by the Payment Council of India, a lobby group of about 60 companies in the digital payment space established under the IAMAI. The Payment Council of India was to give its formal feedback to the regulator by April 15, said one of the people cited above. ET was the first to report on RBI’s plans for guidelines aimed at moving wallets toward interoperability and providing them access to platforms such as the unified payment interface (UPI).
The Economic Times
13 days
In FY15, we incrementally produced more coal than previous four years. In the past, our power plants faced shortage of coal. Now, they face the problem of storage of excess coal. India is expected to stop importing thermal coal by 2019. Jobs, which we were helping create in Indonesia, South Africa and Australia, are now being created in India. I am sure that as a commodity guru, you will be aware of these as it has brought down global coal prices. The world is moving towards a digital architecture. Many developed countries are allowing private companies to build architecture and create billions of dollars of market cap. In India, we are creating digital architecture in public space like UPI, Aadhaar, BHIM etc, and making it available at a nominal cost. I will recommend you to read an article written by your peer macro investor Raoul Pal on digital transformation of India.
Variety
14 days
“The Fate of the Furiousdebuted on top of the South Korean box office. Opening on 1,237 screens on Wednesday (Apr. 12), the UPI release earned $10.6 million from 1.43 million admissions over first five days. It accounted for 64% of the total weekend box office. Opening on the same day, local body swap comedy... Read more »
The Economic Times
14 days
In FY15, we incrementally produced more coal than previous four years. In the past, our power plants faced shortage of coal. Now, they face the problem of storage of excess coal. India is expected to stop importing thermal coal by 2019. Jobs, which we were helping create in Indonesia, South Africa and Australia, are now being created in India. I am sure that as a commodity guru, you will be aware of these as it has brought down global coal prices. The world is moving towards a digital architecture. Many developed countries are allowing private companies to build architecture and create billions of dollars of market cap. In India, we are creating digital architecture in public space like UPI, Aadhaar, BHIM etc, and making it available at a nominal cost. I will recommend you to read an article written by your peer macro investor Raoul Pal on digital transformation of India.
The Economic Times
14 days
KYC norms will increase customer acquisition costs and make a simple process complicated, the companies have said. They have also objected to additional authentication factors, higher net-worth requirements and the need for wallets partnering with ecommerce platforms and payment gateways to get a list of merchants from them. Some of these concerns, especially full KYC compliance, were raised at the meeting, according to those present. The meeting was organised by the Payment Council of India, a lobby group of about 60 companies in the digital payment space established under the IAMAI. The Payment Council of India was to give its formal feedback to the regulator by April 15, said one of the people cited above. ET was the first to report on RBI’s plans for guidelines aimed at moving wallets toward interoperability and providing them access to platforms such as the unified payment interface (UPI).
The Economic Times
16 days
Daily Mail - India
19 days
Cops are worried about rising cases of cheats getting a duplicate SIM on the pretext of upgrading a cellphone account to a 4G connection and then transferring money by downloading the UPI app.
The Economic Times
20 days
The Economic Times
20 days
MUMBAI: Cash levels in the economy remained at least 26% less than what they were before demonetisation as policy makers are keeping a close watch on the new currency that’s flooding the system. Weekly cash withdrawals too have slowed down after the caps on withdrawals were lifted early March. The surge in digital payments — whether government-driven UPI, or private ones — is also helping people withdraw less cash. Total cash and currency in the system amounted to Rs 13.32 lakh crore as of March 31, according to the latest Reserve Bank of India data. At current levels, the cash and currency in circulation is 74% of the levels in early November 2016, or 26% less than early November 2016 , when the government banned high value Rs 500 and Rs 1,000 notes. Then, the currency in circulation was Rs 17.97 lakh crore. Weekly cash withdrawals too have dipped for the fourth consecutive week from Rs 47,400 crore in the week ended March 10 to Rs 22,194 crore in the week ended March 31.
The Economic Times
21 days
MUMBAI: Cash levels in the economy remained at least 26% less than what they were before demonetisation as policy makers are keeping a close watch on the new currency that’s flooding the system. Weekly cash withdrawals too have slowed down after the caps on withdrawals were lifted early March. The surge in digital payments — whether government-driven UPI, or private ones — is also helping people withdraw less cash. Total cash and currency in the system amounted to Rs 13.32 lakh crore as of March 31, according to the latest Reserve Bank of India data. At current levels, the cash and currency in circulation is 74% of the levels in early November 2016, or 26% less than early November 2016 , when the government banned high value Rs 500 and Rs 1,000 notes. Then, the currency in circulation was Rs 17.97 lakh crore. Weekly cash withdrawals too have dipped for the fourth consecutive week from Rs 47,400 crore in the week ended March 10 to Rs 22,194 crore in the week ended March 31.
The Economic Times
22 days
MUMBAI: Mobile payments application Chillr plans to use the Unified Payments Interface (UPI) platform to add more customers who, the company believes, would transact business worth Rs 6,600 crore using the startup by the end of the year.The Mumbai-based payments company, which has tied up with HDFC Bank to access UPI, will allow its customers to make payments across bank accounts, removing earlier restrictions that supported banks integrated with Chillr. This, the company expects would help it target 10 million transacting users by the end of the year.The company was already working with around 10 partner banks through IMPS integration and was clocking around Rs 500 crore in monthly transactions. Chillr becomes the latest payment app to go live on UPI after Trupay and Flipkart promoted PhonePe, which access UPI through Yes Bank."Active users come to the Chillr app 20 to 25 times in a month.
The Economic Times
a month
MacRumors
a month
Mobile chat platform WhatsApp could be set to roll out peer-to-peer payments in India, which is home to its largest market with over 200 million users (via TechCrunch ). According to India-based media company The Ken, WhatsApp plans to use a cross-bank payment system called UPI, which is backed by the government, to enable payments between users within the next six months. WhatsApp has neither confirmed nor denied the claim, but there are precedents for the messaging service to move into mobile payments. During a visit to the country in February, WhatsApp co-founder Brian Acton met with India's IT minister and said the company was "in the early stages" of exploring how it might incorporate payment systems into the platform. Last week, Swedish-based phone number lookup service Trucaller introduced user-to-user payments in India via a tie-in with ICICI Bank, which makes use of the same UPI system WhatsApp is said to be integrating.
TechCrunch
a month
WhatsApp may be about to introduce peer-to-peer payments in India, which is its largest market with over 200 million users. A report from The Ken, an India-based subscription media company that we recently profiled, claims that WhatsApp plans to use UPI, a cross-bank payment system backed by the government, to begin enable payments between users within the next six months. India is Read More
Mashable
a month
Amid demonetization in India late last year, mobile wallet apps such as Paytm and MobiKwik emerged as the big winners , reporting astronomical growth . But the biggest challenger yet is about to join the race. WhatsApp is India's most popular instant messaging app , and they're introducing person-to-person payment solutions in the country, according to a report on The Ken . SEE ALSO: Change this security setting on WhatsApp right now The company is in talks with the government to add support for UPI, a new payment system by the National Payments Corporation of India (NPCI). UPI is open to third-party services, making payments is as fast and easy as sending a text message . Read more... More about Payments , Demonetisation , Demonetization , Facebook , and Narendra Modi
Sky News
a month
And remember upi can make a difference by joining our campaign. Sign up at skyoceanrescue.com to stay in touch, and share your stories with us on Twitter, @SkyOceanRescue, using the hashtag #oceanrescue. -- you can
The Economic Times
a month
There will be no charge for UPI/ USSD transactions of up to Rs 1,000. Key point The new charges are applicable even if your account is in any of the five associate banks - State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP), and State Bank of Hyderabad (SBH) - or the Bharatiya Mahila Bank. This is because all these banks are getting merged with the SBI effective Saturday.
The Economic Times
a month