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RBI to launch new payment system for critical transactions during calamities, wars

The system, referred as Lightweight Payment and Settlement System (LPSS), will be independent of conventional technologies and can be operated with bare minimum staff, said the RBI annual report 2022-23. ....

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Gupshup to enable UPI payments on Nokia feature phones; in talks with other OEMs

With GSPay, Gupshup claims to be the first to develop a native payment app for feature phones that uses SMS messaging to allow UPI payments. ....

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NPST Celebrates Sexual Assault Awareness Month with Initiatives to Promote POSH Awareness and Compliance

Mumbai (Maharashtra) [India], May 6 (ANI/SRV): NPST, a leading fintech company, conducts Prevention of Sexual Harassment (POSH) awareness workshops in recognition of Sexual Assault Awareness Month (SAAM) in the month of April. NPST's commitment to POSH is grounded in the Vishaka Guidelines of 1997. These guidelines were developed in response to the Bhavri Devi incident, the first case of sexual harassment to be held in India. The central government established the guidelines to provide a framework for addressing sexual harassment in the workplace, and NPST is proud to be a part of this important effort. NPST's initiatives to promote POSH compliance are a testament to the company's commitment to promoting a safe and respectful workplace. NPST has taken the initiatives to organise a number of activities, such as training courses, webinars and interactive workshops with the help of an external POSH trainer. The company has established separate Internal Committees for different ....

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UPI set to reach $1T in merchant payment transactions by 2026

The popularity of UPI has soared to an annualised transaction value of $1.7 trillion and a merchant transaction value of $380 billion (in FY23). ....

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Rs 126 Lakh Crore Transactions through UPI in 2022, Reports Hike of 54 percent

The Trend of digital payments in the country has grown ....

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