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We ll soon meet in your inbox. Please wait. According to industry insiders, NPCI has in recent weeks seen a massive spike in low-ticket recurring transactions (as low as Re 1) processed by gaming merchants. “These transactions especially spiked during IPL matches, which has led to apprehensions among NPCI and member banks that increased transaction loads could lead to more system outages,” said one of the sources cited above. Instead of UPI, NPCI wants customers and merchants to use standing instructions (SI) based modes of payment, such as netBanking, for such payments to ensure a smoother flow, a source said. The credentials of the customer, merchant and the ticket size is known beforehand. SI-based recurring channels are engineered to process such payments, the source added.

Andhra pradeshIndian premier leagueNational payments corporation of indiaNational payments corporationUnified payments interfaceTech topTiger globalSequoia indiaMobile premierMobile gamesஆந்திரா பிரதேஷ்இந்தியன் ப்ரிமியர் லீக்தேசிய கொடுப்பனவுகள் நிறுவனம் ஆஃப் இந்தியாதேசிய கொடுப்பனவுகள் நிறுவனம்ஒருங்கிணைந்த கொடுப்பனவுகள் இடைமுகம்தொழில்நுட்பம் மேல்