SpiceJet chooses HSBC as its UPI partner

SpiceJet has chosen HSBC Bank as its partner for receiving UPI payments on its website. UPI or Unified Payments Interface is an advanced, easy-to-use, cheap and real-time payment platform designed by the National Payments Corporation of India. Unlike more expensive payment options such as Visa...

PayTM adds support for UPI payments

Customers of PayTM, India’s largest wallet service can now make payments using the Unified Payments Interface, the government of India’s open payments platform. The company has signed up with ICICI Bank be able to receive payments from its customers who are on the UPI platform using its...

PayTM hit by Rs 6.15 lakh fraud

PayTM, India’s largest wallet company, has been cheated to the extent over Rs 6.15 lakh by 48 customers claiming illegal refunds for goods they already received. A case has been registered with the Central Bureau of Investigation, which is currently looking into the matter. Besides...