Unified Payments Interface

Freecharge partners with Axis Bank, launches UPI payment

Digital payment platform FreeCharge in partnership with Axis Bank on Monday launched Unified Payments Interface(UPI) that allows instant transactions from a smartphone using a virtual payment address(VPA).

Sep 12, 2016, 15:12 PM IST

Axis Bank ready with UPI app, to tie-up with Freecharge

Country's third largest private sector lender Axis Bank said it is ready with a Unified Payments Interface (UPI) app, while it also announced a tie-up with digital payments company Freecharge for it.

Aug 06, 2016, 09:43 AM IST

RBI to make funds transfer via smartphones easier

RBI on said it will become easier in coming weeks for people to transfer funds between bank accounts through their smartphones.

Jul 18, 2016, 21:33 PM IST

United payments system will leave mobile wallets redundant: Report

The latest push by the Reserve Bank of India (RBI) to adopt Unified Payments Interface (UPI) as an effort to lower the cash economy may leave mobile wallets redundant as per a report by city-based Centrum Broking.

May 08, 2016, 15:22 PM IST