Current Affairs

GK MCQs Section

Unified Payment Interface

5th ASEAN-India Business summit

The 5th Asean-India Business Summit was held at the Berjaya Times Square Hotel in Kuala Lumpur on March 6 this year. The summit, part of the Asean-India Year...

March 10, 2023

Single-block-and-multiple debit in UPI

At the end of the recently held Monetary Policy Committee’s Meeting, RBI Governor announced that UPI’s capacity will be enhanced through the introduction of single block and multiple...

December 8, 2022

Launch of UPI in UAE

The international arm of the National Payment Corporation of India, NPCI International Payments Ltd (NIPL) has announced that across the UAE, BHIM UPI is live on NEOPAY terminals....

April 22, 2022

RBI: Cash Withdrawal via UPI

A cardless cash withdrawal facility has been made available at all ATMs by the Reserve Bank of India (RBI). This facility will be made available via the Unified...

April 11, 2022

Razorpay- Mastercard launch MandateHQ payment interface

Payments solution provider Razorpay has partnered with Mastercard to launch ‘MandateHQ’. Key Points MandateHQ is a payment interface that will help card-issuing banks to enable recurring payments for...

July 8, 2021

Digital Payment Security Controls Direction

The RBI is to introduce digital payment security control directions for regulated entities to improve the security of digital payment channels and also to improve the consumer service....

December 7, 2020

NPCI launches “Rupay Festive Carnival”

The National Payments Corporation of India (NPCI) launched ‘RuPay Festive Carnival’. What are the Key Features of Rupay Festive Carnival? The ‘RuPay Festive Carnival’ will give compelling advantage...

October 28, 2020

NPCI International Payments Limited (NPIL): set up by NPCI for international market operations

The National Payments Corporation of India has set up ‘NPCI International’ to operate its international market of Unified Payment Interface, instant payment service, and its electronic payment card...

August 22, 2020

PM CARES Fund set up

The PM CARES Fund was set up for collecting voluntary contributions for providing relief to those affected by COVID-19. About the Fund The PM CARES (Prime Minister’s Citizen...

March 31, 2020

Paytm launches POS device for smaller merchants

Leading Indian fin-tech start-up company Paytm has recently launched a point-of-sale (POS) device for smaller merchants. The device would accept payments through cash, Paytm wallet, debit and credit...

February 5, 2020

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