NPCI receives DSCI Excellence Award

Data Security Council of India (DSCI) felicitated Mr. Bharat Panchal, Senior Vice President, Risk Management at NPCI with Security Leader of the Year 2017 award in December. DSCI Excellence Awards are presented to recognise, honour and reward organisations and individuals who have taken strategic, proactive and innovative security and privacy efforts to help the organisation address real risks, build resilience, increase trustworthiness and create a conducive environment for doing business.

BHIM UPI clocks over 145 million transactions

Bharat Interface for Money (BHIM) Unified Payments Interface (UPI) has achieved 145.46 million transactions in the month of December. The total value of transactions stood at Rs. 13,144.3 crore with the average ticket size of Rs 905. UPI volume (UPI, BHIM and USSD 2.0 -*99#) during December, November and October were 145.46 million, 105.02 million and 76.96 million while the value stood at Rs. 13,144.3 crore, Rs. 9669.33 crore and Rs.7.057 crore respectively. BHIM is a smart mobile phone based app that allows simple, easy and quick payment transactions using UPI. One can easily make direct bank to bank payments instantly and collect money using Mobile number or payment address. It is a unique payment solution which empowers an individual with immediate send and collect request.

IMPS clocks over 98 million transactions

Immediate Payment Service (IMPS) which works 24 X 7 has achieved 98.01 million transactions in the month of December. The total value of transactions stood at Rs.87,106.19 crore with the average ticket size of Rs. 8,888. IMPS volume during December, November and October were 98.01 million, 89.49 million and 88.12 million while the value stood at Rs.87,106.19 crore, Rs. 78,257.69 million and Rs. 75,041.61 crore respectively.

Pay your Vodafone prepaid and postpaid bills via UPI

Over 200 million customers of Vodafone India can now pay their prepaid and postpaid bills via UPI. Customers can log-in to their My Vodafone app or scan QR on website to select an option of paying by UPI. A collect request will be sent to customer’s UPI app which will be intimated by a notification. Customer can authorize the payment by entering UPI PIN to complete the transaction.