Govt plans to launch UPI, USSD platforms with new features

Govt plans to launch UPI, USSD platforms with new features  To strengthen its push towards making India a digital economy, the government plans to launch two of its digital initiatives - The United Payment Interface (UPI) and Unstructured Supplementary Service Data (USSD), in a new avatar. The newer version of the platforms would be consumer friendly and help make digital

LIC MF & Standard Chartered Bank to Partner for UPI

LIC MF & Standard Chartered Bank to Partner for UPI LIC Mutual Fund Asset Management Company on December 12, 2016, announced its readiness on Unified Payment Interface (UPI) in partnership with Standard Chartered Bank as mode of payment for its investors to invest in its schemes. UPI is a payment mechanism which allows instant money transfer without bank details.