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Post by: Sreeram Viswanath in Government Initiatives
BHIM App Bharat Interface for Money (BHIM) is a payment app that facilitates simple, easy and quick transactions using Unified Payment Interface (UPI). The concept, which was launched by the Indian Government in 2016, is pioneered and developed by National…
Post by: Ramya Arul Rose in Banking
National Payments Corporation of India (NPCI) National Payments Corporation of India is an organisation created for operating various retail payments and settlement systems in India. NPCI is an initiative of the Reserve Bank of India (RBI) and Indian Banks’ Association…
Post by: Chris John in News
Unified Payments Interface (UPI) NEFT, RTGS and IMPS were popular payment systems that were used in India for online fund transfers until the introduction of Unified Payments Interface (UPI) in 2016. Unified Payments Interface is an integrated payment system that…