CURRENT AFFAIRS

Detailed explanation-1: -Which e-commerce site has partnered with National Payments Corporation of India (NPCI), to enable doorstep digital payments? Notes: E-commerce platform Snapdeal has partnered with National Payments Corporation of India (NPCI) to allow buyers to make digital payments at the time delivery.

Detailed explanation-2: -2. NPCI has launched RuPay, a card payment scheme.

Detailed explanation-3: -UPSC Mains. Q. Which social media platform has received approval from the National Payments Corporation of India (NPCI), to enter UPI market? Notes: WhatsApp has received the National Payments Corporation of India’s (NPCI) approval to enter Unified Payment Interface (UPI) in phased manner.

Detailed explanation-4: -Dilip Asbe, MD & CEO of NPCI-that created the UPI technology-has stated that “a billion transactions per day” is possible. UPI currently logs 220 million transactions per day, with a 4x increase as the next goal.

Detailed explanation-5: -org. in’s top 5 competitors in November 2022 are: tpsl-india.in, billdesk.in, ihmcl.co.in, shopping.icicibank.com, and more. According to Similarweb data of monthly visits, npci.