Starting July 15, the National Payments Corporation of India (NPCI) will implement revised chargeback rules for Unified Payments Interface (UPI) transactions.

"UPI now processes more than 18 billion transactions per month and dominates other electronic retail payments in India. India now makes faster payments than any other country. At the same time, ...

A chargeback lets UPI users formally raise a dispute when money is deducted but the service or product is not delivered.

Karnataka's Commercial Tax Department issues GST notices to traders based on UPI transaction data, clarifying compliance ...

The Karnataka Commercial Tax Department has issued a clarification to help the public understand the legal basis for these ...

Bengaluru: In a significant move to increase tax collections, the govt has begun using Unified Payments Interface (UPI) data to identify traders, espe.

The Reserve Bank of India (RBI) has a digital currency under trial, but it may be time for RBI-regulated rupee-pegged ...

Unified Payments Interface (UPI) has overtaken Visa to become the world's leading real-time payment system, processing over ...

However, my nationalist pride in India’s digitisation was shaken last week, when I began reading Rahul Bhatia’s well-written ...