Indias Department of Telecom has notified notifying *99# as the USSD (Unstructured Supplementary Service Data) code for the National Payment Corporation of India (NPCI) for operating mobile banking services through the channel. Telecom operators have been asked to connect with the NPCIs USSD gateway through the allocated code. The development comes shortly a... Read more
The National Payment Corporation of India (NPCI) has rolled out National Unified USSD platform (NUUP) based mobile banking service to boost IMPS based transactions. Users can dial *99# short code on ... Read more
Government has been asked by Vodafone India to allocate the spectrum that was won by the company in an auction that was held back in November 2012, alleging that operators, who had their licenses c... Read more
The National Payment Corporation of India (NPCI) has proposed that mobile phones can be used for non-financial banking transactions such as Account balance enquiry, replacing ATM machines, resultin... Read more
New Delhi, Jul 16 (PTI) There is no difference between the
'liberalisation' agenda that the DoT has now announced and
what is already permitted under policy and license, including
the previous tele... Read more
With the aim of integrating all mobile payment systems under one umbrella, the National Payments Corporation of India (NPCI) has sought for an approval from the Reserve Bank of India (RBI) to make the... Read more
OxiCash, an online wallet service by the payments solutions provider Oxigen Services India, has partnered (pdf) with National Payments Corporation of India (NPCI) to launch a non-banking money ... Read more
Until now, the little known payment method could be used to transfer money between two individuals and wasn't used by many due to an unwieldy process one has to go through. But now, the national payme... Read more
S Jagathrakshakan, the Minister of State for Information and Broadcasting, has stated that the ministry is in talks with the Department of Telecommunications (DoT) to formulate a regulatory framework ... Read more