UPI chargebacks will be auto-accepted or rejected based on transaction confirmations. NPCI’s new rule aims to streamline dispute resolution and reduce penalties for banks.

Ever had to put a chargeback request for disputed Unified Payment Interface (UPI) transactions? You would be happy to note ...

NPCI has issued new guidelines for UPI transactions. These are designed for automated chargeback approval/rejection based on ...

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A chargeback is a UPI transaction that is reversed by the payer's bank because of a dispute, fraud, or technical issue. When ...

Debadatta Chand also said banks along with regulator are working on CBDC to create the ease of doing transaction that can be ...

The National Payments Corporation of India (NPCI) has introduced changes regarding UPI transactions. The proposed changes, ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...