Tag: payment apps

AT&T’s network is having problems: What you should know while navigating a phone service outage
Technology

AT&T’s network is having problems: What you should know while navigating a phone service outage

[ad_1] Customers of AT&T, the country's largest wireless provider, reported widespread outages on Thursday. Here's what to know if you are having problems with your phone service.When did the outage start?AT&T had more than 58,000 outages around noon ET, in locations including Houston, Atlanta and Chicago. The outages, which began at approximately 3:30 a.m. ET, peaked at around 73,000 reported incidents. The carrier has more than 240 million subscribers, the country's largest. What is the SOS mode?Some AT&T iPhone customers saw SOS messages displayed in the status bar on their cellphones. The message indicates that the device is having trouble connecting to their cellular provider's network, but it can make emergency calls through other carrier networks, according to Apple S...
NPCI issues deadline to Google Pay, Paytm, PhonePe: Deactivate these UPI IDs. Know date
Technology

NPCI issues deadline to Google Pay, Paytm, PhonePe: Deactivate these UPI IDs. Know date

[ad_1] In a proactive move to enhance the security and reliability of the Unified Payments Interface (UPI) ecosystem, the National Payments Corporation of India (NPCI) has issued a directive aimed at major third-party UPI apps such as Google Pay, Paytm, PhonePe, and others. The mandate, conveyed through a recent circular, requires these platforms and associated banks to deactivate UPI IDs and numbers that have remained inactive for over a year.NPCI, a non-profit organization overseeing retail payments and settlement systems in India, emphasizes that this measure is essential to prevent unintentional fund transfers to unintended recipients. The risk arises when customers change their mobile numbers without unlinking the old ones from the banking system, as there is a chance that the old ...
Meta, Apple At Risk of Increased Regulation of Digital Wallets
Technology

Meta, Apple At Risk of Increased Regulation of Digital Wallets

[ad_1] Meta Platforms Inc., Apple Inc., Alphabet Inc. and other companies that offer digital wallets and payment apps would fall under US Consumer Financial Protection Bureau supervision under a newly proposed rule aimed at treating nonbanks more like traditional counterparts.Companies handling more than 5 million transactions per year would be regulated like banks, credit unions, and other financial institutions already under the CFPB's supervision, the agency said in a statement Tuesday. CFPB examiners would be able to monitor payment apps for compliance with federal money-transfer laws, as well as for unfair, deceptive, or abusive conduct, should the rule be finalized. The agency can already step in if nonbanks act unlawfully, but it can't regularly supervise their operations under c...
5 safe online payment tricks: On UPI, keep your money secure this way
Technology

5 safe online payment tricks: On UPI, keep your money secure this way

[ad_1] Do you keep cash in your pocket anymore? Perhaps not. In fact, most of us prefer making online payments wherever possible. We even have more than one Unified Payment Interface (UPI) linked payment-making applications like Google Pay (GPay), Paytm, PhonePe, among others installed in our smartphones.The process of making online payment via these apps is simple, however, sometimes even a simple mistake like wrong click, number, among others can cause you huge monetary loss. Here are some of the safety tips which you should consider while making UPI payments. 1. Screen lock: Keeping a strong screen lock, password or PIN not only for your phone but also for all payment or financial transaction apps is very important. It not only saves your phone from landing in the wrong hands but al...