#npci — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #npci, aggregated by home.social.
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22.35 billion! UPI’s massive surge shows India’s cashless boom https://english.mathrubhumi.com/news/money/upi-transactions-april-2026-growth-22-billion-india-gmm6353w?utm_source=dlvr.it&utm_medium=mastodon #UPI #DigitalPayments #Fintech #IndiaNews #NPCI
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https://www.europesays.com/uk/927774/ Amazon, Meta join fight to end Google Pay, PhonePe dominance in India #Amazon #AmazonPay #cred #Exclusive #GooglePay #Mobikwik #Mobile #NPCI #PhonePe #SuperMoney #Technology #UK #UnitedKingdom #UPI #whatsapp
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https://www.europesays.com/ie/460657/ Amazon, Meta join fight to end Google Pay, PhonePe dominance in India #Amazon #AmazonPay #Cred #Éire #exclusive #GooglePay #IE #Ireland #Mobikwik #Mobile #NPCI #PhonePe #SuperMoney #Technology #UPI #WhatsApp
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@praveen I realised to my horror that #NPCI (the banking cartel which operates #UPI) added major restrictions to UPI collect requests last month. No wonder two of the websites I wanted to make payments at refused to support it
But I was able to make a UPI collect request while registering for #ChennaiFOSS a few days back and again today to make my monthly #SIP payment. I wonder what's going on?
Will update on the wiki if I figure out the pattern 🏁
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NPCI introduces biometric authentication for BHIM UPI payments up to Rs 5,000. Enable fingerprint or face unlock for faster, secure transactions. Learn how! https://english.mathrubhumi.com/technology/bhim-upi-biometric-authentication-feature-slg502ox?utm_source=dlvr.it&utm_medium=mastodon #UPI #BHIMApp #NPCI #DigitalIndia #BiometricPayments
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UPI gets a makeover! From Feb 14, 2026, new NPCI rules limit balance checks and deactivate old IDs. See how your Google Pay, PhonePe, & Paytm are affected. https://english.mathrubhumi.com/news/money/new-upi-rules-feb-2026-balance-limits-autopay-changes-p0noimxf?utm_source=dlvr.it&utm_medium=mastodon #NPCI #upi #GooglePay #PhonePe #paytm
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The new facility, which functions similarly to an ATM withdrawal, has been developed in partnership with the National Payments Corporation of India https://english.mathrubhumi.com/news/money/epfo-instant-withdrawal-bhim-app-jesnh318?utm_source=dlvr.it&utm_medium=mastodon #epfo #atm #npci #withdrawal
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UPI transactions surged 29% in December to 21.63 billion, with strong growth in transaction value highlighting sustained consumption momentum in India. https://english.mathrubhumi.com/news/india/indian-economy-domestic-demand-inflation-rbi-tdy878ig?utm_source=dlvr.it&utm_medium=mastodon #UPI #DigitalPayments #NPCI #DigitalIndia
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#NPCI has issued #guidelines on recognising signs of a potential #DigitalArrest #scam
1. #BeWary of unexpected contact
2. #ExerciseCaution
3. #StayVigilant
4. #UseSupportChannels
5. #BeCautious
6. Terms such as #clearingyourname or #escrowaccounts are commonly used to deceive individuals
https://www.msn.com/en-in/money/topstories/digital-arrest-scam-npci-issues-guidelines-to-combat-cybercrime-emerging-risk/ar-AA1vNWvA?ocid=msedgntp&pc=U531&cvid=0d4d450ee5c84db3a9e261e4791520f3&ei=47 -
Sharp Fall in Number of MGNREGA Workers in Telangana After Union’s Push Towards Aadhaar-Based Pay
According to experts, the deletion of job cards outnumbered the additions under the scheme because of the new norm.
#telangana #MGNREGA #aadhaar #ABPS #labour #jobs #NPCI #AadhaarLinking #UIDAI #livelihood #india
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NPCI stepping in to stop AePS frauds, suggests ways to banks
The National Payments Corporation of India (NPCI) wants companies offering Aadhaar-enabled Payment System (AePS) to bring in additional security measures to check rising incidents of fraud attacks on the network. In a notification issued to all banks and payment companies offering this service on October 26, NPCI wrote that just like mandatory security features on debit cards, banks need to introduce mandatory security norms for AePS transactions.
#NPCI #AePS #aadhaar #security #banking #AadhaarFraud #UIDAI #india
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The Need For Regulatory Transparency and Accountability Around Digital Money
Systems are being made more opaque than ever and governments are insulated by regulators who hide behind technology. Srikanth Lakshmanan writes.
https://thewire.in/tech/the-need-for-regulatory-transparency-and-accountability-around-digital-money
#digitalisation #accountability #aadhaar #NACH #SWIFT #PNB #NiravModi #Moodys #privacy #security #UIDAI #vulnerabilities #biometrics #ServiceDenials #UPI #NPCI #AEPS #DigitalID #ERupee #CBDC #RBI #economy #governance #india
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1.2 crore MGNREGS workers will not be paid because they are not on Aadhaar-based wage system
The fourth extension for mandatory payments under Mahatma Gandhi National Rural Employment Guarantee Scheme via Aadhaar Based Payments System ends on August 31. As the numbers stand, out of the total 26 crore job card holders, 41.1% are still not eligible for this mode of payment. The Ministry of Rural Development has ruled out any more extensions, arguing that among the active workers, only 18.3% are ineligible.
#MGNREGS #ABPS #aadhaar #RuralDevelopment #wages #labour #NPCI #UIDAI #assam #nagaland #india
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After a decade of #AePS failures, #NPCI has finally put in place a (relatively simpler) way to logde #AePS grievances
Customers can now lodge #AePS complaints at https://www.npci.org.in/register-a-complaint
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#CashlessConsumer #Opendata We updated the #NPCI Shareholding tracker with latest data and some graphs
https://docs.google.com/spreadsheets/d/1nDlQBPh2hM9US6QKjzcR1pIYiqLTnCmeZeY3A_layb8/edit?usp=sharing
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#RBI includes #PMSVANidhi beneficiaries under #PIDF - The easiest way to juggle metrics - with no real outcomes. Will #PMSVANidhi and #NPCI provide data on how many QRs are active?
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#CashlessConsumer #Breaking - #NPCI is preparing for both NUE as well GST based lending.
#UPI Mapper is a beta API which will get integrated into #UPI exposing UPI No.- an incremental payment address via APIs. Its 15 digit because GSTIN is 15 digit.
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#NPCI is an entity not bound by #RTI and performs a public function of infrastructure for #DBT is problematic.
Ideally functions for state must be seperated from market related functions and former has to operate in fully transparent ways https://docs.google.com/document/d/e/2PACX-1vQ890MrmxeXC9UCfJgVndSEXYdeBB4iCnM7rGLxExMUhXOH6dc5EP3nUvoApqleoJyFFARTbEUpXv9J/pub
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https://www.cashlessconsumer.in/uploads/apbs---system-standard-operating-procedure/index.html
So #NPCI published and later unpublished Standard Operating Procedure for #Aadhaar Payments #APB used in #DBT. Worry not, we got a cached copy from Google and are rehosting.
Public functions of NPCI must be TRANSPARENT.
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Important comment on Club good Governance masquerading as Public good with #openwashing.
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RT @logic
Renowned economist fears to speak openly against #Kaku and prefers to be anonymous. #DigitalDictatorshipvia @TheKenWeb https://the-ken.com/story/abhijit-mishra-rbi-google-pay/
https://twitter.com/logic/status/1292732332210716673 -
Important comment on Club good Governance masquerading as Public good with #openwashing.
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RT @logic
Renowned economist fears to speak openly against #Kaku and prefers to be anonymous. #DigitalDictatorshipvia @TheKenWeb https://the-ken.com/story/abhijit-mishra-rbi-google-pay/
https://twitter.com/logic/status/1292732332210716673 -
@anivar @akshay suggested https://www.orfonline.org/research/unified-payment-interface/ which has detailed analysis of UPI/NPCI.
Quoting from it: According to Arundhati Ramanathan of The Ken, “Depending on the time and context, NPCI is a competitor. It is a platform. It is a regulator. It is an industry association. It is a profitable non-profit. It is a rule maker. It is a judge. It is a bystander.” #UPI #NPCI
We also discussing if we should demand a #FreeSoftware app for UPI.
https://codema.in/d/aul6SYjg/should-we-ask-for-free-software-app-for-upi-
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#CashlessConsumer - As #PMGKY increases the load and stress on #AePS, #NPCI issued circular on AePS best practices in handling technial declines, customer support etc https://www.npci.org.in/sites/default/files/circular/Circular-AePS-Best-Practices..pdf
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Txn count - 403 M transactions in April 2020. What are they?
Balance enquiry and cash out are 2 seperate transactions and on average 1:1 (Most people check balance before / after txn) split. This is again, just to make numbers look large, a standard #NPCI armory
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NPCI responded saying it had incidentally formed a steering committee on recurring bill payments with the same very same offenders mentioned in the complaint.
It is to be noted, #NPCI till date has not replied to the follow up on complaint.
