NPCI

• Paytm has received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users.
• This comes after the Reserve Bank of India's (RBI) restrictions on Paytm Payments Bank in January.
• Despite restrictions, P...

• The governing body for India's UPI payments is considering easing market share caps for operators like Google Pay, PhonePe, and Paytm.
• NPCI, a unit of India's central bank, may increase the market share limit to over 40%, up from the...

• Sachin Bansal's fintech Navi has overtaken Amazon Pay to become the fifth-largest UPI player in India, according to NPCI data.
• Navi's UPI transaction volumes have surged 30 times in six months, jumping from 27th position in March to ...

• The National Payments Corporation of India (NPCI) reported a 37% increase in net profit, reaching Rs 1,134 crore in FY24.
• This makes NPCI one of the first payments-based entities in India to surpass Rs 1,000 crore in net profit.
• ...

• Sameer Nigam: 'We can't IPO until we have clarity on market share regulations for UPI'
• PhonePe holds 48% UPI market share, concerns over potential 30% cap by NPCI
• Company reports 73% revenue increase to Rs 5,064 crore for FY24
• Ni...

• RBI Governor Shaktikanta Das launched UPI Circle and Bharat BillPay for Business at GFF 2024
• UPI Circle allows delegation of payments to trusted secondary users, capped at INR 15,000 monthly
• BBPS for Business streamlines B2B paymen...

• Flipkart has introduced a new payments app, super.money, to facilitate UPI payments and offer cashback, aiming to strengthen its position in the fintech sector.
• The app, launched in beta in June, has already processed 10 million tra...

• Amazon is contemplating moving its Amazon Pay service into a standalone app in India to boost its usage, according to sources familiar with the matter.
• Currently integrated within Amazon's main e-commerce app, Amazon Pay offers servi...

• The National Payments Corporation of India (NPCI) is in talks with startups to implement biometric authentication for UPI payments.
• Currently, UPI uses a PIN as the second-factor authentication, similar to OTP for card payments.
• Bi...

I am bit confused, I joined NPCI a week ago, and one service based company given me offer value is more than 10 lac more than what I am getting here, should I leave the NPCI and join the service based company?