Starting from 1 February, users can transfer money through IMPS by just adding the receiver s mobile number and bank account name, eliminating the need to add a beneficiary or IFSC code
Following a technical glitch, the bank erroneously credited the accounts of many of its customers, but it has worked overtime and recovered 79 percent. It is now engaged with all stakeholders to recover the remaining amount.
As the new CTO, Kanvaty will be responsible for NPCI's transformational journey and leading its new-age technology initiatives, Technology & Science News, Times Now
Mumbai (Maharashtra) [India], January 25 (ANI/NewsVoir): HDFC Life and National Payments Corporation of India (NPCI), have collaborated to offer a first - UPI 123PAY. This is a unique voice-based premium payment service that further simplifies the premium payment process for HDFC Life policyholders. UPI 123PAY is a payment facility through a pre-defined IVR (Interactive Voice Response). This platform will enable customers to make financial transactions with or without an internet connection. Customers can avail this service in various regional languages such as Hindi, Marathi, Gujarati, Punjabi, Kannada, Tamil, etc. The process is very simple - a customer has to initiate a secure call from their phone using the UPI number 080 4516 3571, and complete the UPI onboarding formalities. Once this is done, they can start transacting. This service will also empower those policyholders of HDFC Life who are not accustomed to digital payments, thereby enabling them to take control of their polici