Tag: UPI Payments

Indians staying in UAE can now make UPI payments using PhonePe app
Technology

Indians staying in UAE can now make UPI payments using PhonePe app

[ad_1] Indian tourists and NRIs visiting the UAE can now make UPI payments using the PhonePe app. This development comes as a result of the National Payments Corporation of India (NPCI) partnering with Mashreq Bank's NEOPAY, paving the way for UPI-based payments in the Gulf Nation. With a substantial Indian expat population residing in the UAE, the inclusion of UPI as a payment option simplifies financial transactions for Indian travellers. Previously, in 2021, UPI services were successfully introduced in Bhutan through collaboration with the Royal Monetary Authority, Bhutan's central bank. Also read: Google SGE now helps you plan vacations, get shopping recommendations; Know how it works "UAE is a very popular destination, with millions of Indian visitors every year. With this partne...
PhonePe launches feature to pay income tax
Technology

PhonePe launches feature to pay income tax

[ad_1] Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app.Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging into the income tax portal, PhonePe said. The amount will be credited to the tax portal within two working days. Users can pay taxes by logging into the app and selecting the "income tax" icon. Then, they must select the type of tax to be paid, assessment year and Permanent Account Number (PAN) details. After entering the total tax amount, users will be able to pay using the chosen mode of payment.Taxpayers will receive a Unique Transaction Reference (UTR) number as an acknowledgement within one working day after paying the tax while challan fo...
Twitter Salutes This Coconut Seller With QR Code For His “Organic” Approach
Health

Twitter Salutes This Coconut Seller With QR Code For His “Organic” Approach

[ad_1] Digital payments have made money management as well as transactions hassle-free. From fine-dine restaurants to local grocery stores, “QR code kaha hai” is the first question on our minds. In case you are wondering what has got us talking about digital payments on a regular Monday, allow us to clear the air. A Twitter user, RK Misra, shared a picture of himself buying a coconut from a vendor. Mr Misra, who is co-chairman of the Associated Chambers of Commerce and Industry, a non-governmental trade association in Karnataka was on his bicycle, while the coconut seller was on his scooter. The thing that attracted our attention was the QR code. Alongside the snap, Mr Misra wrote, “Coconut Man with QR Code. India Forward.” Take a  look:Also Read: 'India's Last Tea Shop' Joins Digital Pa...
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...
Indians Living In These 10 Countries Can Now Make UPI Payments
Business

Indians Living In These 10 Countries Can Now Make UPI Payments

[ad_1] The big UPI move will help international students. (Representational)New Delhi: Indians in other countries will soon be able to access the Unified Payments Interface (UPI) using their international mobile numbers.Non Resident Indians (NRIs) in 10 countries can access UPI services for transactions without having to depend on their India phone number.The countries are Singapore, US, Australia, Canada, Hong Kong, Oman, Qatar, Saudi Arabia, UAE and UK.According to the National Payments Corporation of India, accounts like NRE/NRO (Non Resident External and Non resident Ordinary) with international mobile numbers can transact using UPI.The Payments Corporation has given partner banks time till April 30th to comply with the directions.An NRE account helps NRIs transfer foreign earnings t...