bet7 casino Global Plant Engineering Software Market Size, Share and Forecast By Key Players-Siemens, Boom Software, CEA Systems, Bentley Systems, NeilsoftRackspace Technology to Participate in the UBS Global Technology and AI ConferenceMonday, December 30, 2024 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance UPI Rule Change: RBI allows UPI access for prepaid payment instruments via... Personal Finance UPI Rule Change: RBI allows UPI access for prepaid payment instruments via third party applications; know full details By Shyamu Maurya December 30, 2024 0 4 Share Facebook Twitter Pinterest WhatsApp Telegram UPI Rule Change: RBI allows UPI access for prepaid payment instruments via third party applications; know full details UPI Rule Change: According to the circular issued by RBI, only full-KYC PPIs will be allowed to be linked for UPI payments. UPI transactions initiated from a PPI will first be verified through the customer’s existing PPI credentials. RBI: To promote digital payments, the Reserve Bank of India (RBI) has taken a big decision. Now it will be possible to make payments using prepaid payment instruments (PPIs) through third party UPI apps. The central bank has claimed that this change will promote interoperability in the digital payments ecosystem. What are Prepaid Payment Instruments (PPIs)? Prepaid Payment Instruments is a system in which users can save funds in a card or digital wallet for upcoming transactions. It is usually used for subscriptions and remittances. This new rule of RBI connects PPIs to the UPI ecosystem. UPI is India’s strongest digital payment platform. What is the new UPI rule? Earlier, PPIs such as digital wallets, gift cards and metro cards could only be used through their respective apps. But now, PPI holders with full-KYC (Know Your Customer) can link their instruments to popular UPI apps such as Google Pay, PhonePe, Paytm and BHIM, just like bank accounts are linked. According to the circular issued by RBI, only full-KYC PPIs will be allowed to be linked for UPI payments. UPI transactions initiated from the PPI will first be verified through the customer’s existing PPI credentials. This pre-authorization process ensures that the transaction is verified before it is set up in the UPI system. Will make digital payments more convenient RBI has also clarified that PPI issuers, in the role of payment system provider, cannot onboard customers of any other bank or PPI issuer. This step has been taken to prevent potential conflict of interest and maintain a clear rule. This change will not only make digital payments more convenient but will also give new heights to the Digital India mission by making UPI stronger. Tags rbi RBI New Rules UPI Rule Change Share Facebook Twitter Pinterest WhatsApp Telegram Previous article iPhone banned: Now these three iPhone models will not be sold, Apple has banned their sale, what is the reason? Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. 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Lumen Field Stadium Guide: Full Seahawks schedule, concerts, seating map, hotels, parking, bags policy and more to know in Seattle | Sporting NewsMINNEAPOLIS (AP) — The plan for the Minnesota Vikings was to bring in Sam Darnold as the bridge between Kirk Cousins and J.J. McCarthy, confident his strong arm and starting experience would sufficiently run a high-caliber offense until the rookie was deemed ready to play. Darnold's performance to date has been much closer to superstar than mere stopgap. “He’s a baller," Vikings safety Harrison Smith said. "He can make stuff happen when he needs to. I know with the outside narrative on him and his path and everything, you might not think that, but ever since he got here, it felt like that was going to happen.” Having led the Vikings (10-2) to their fifth consecutive victory with the go-ahead touchdown pass against Arizona last week, one game after a stellar overtime drive to beat Chicago , Darnold has become one of the darlings of this NFL this season with his success in coach Kevin O'Connell's system after the third overall pick in the 2018 draft started his career in rather bleak fashion. His first year in Minnesota sure has been smoother than what Cousins has gone through in his debut with the Atlanta Falcons . Last week in a loss at home to the Los Angeles Chargers, Cousins matched his career high with four interceptions. “I don’t think anybody can put any more pressure on Kirk than he has for himself. He’s carried us through this season when we were figuring out a lot of things on defense,” Falcons defensive tackle Grady Jarrett said. “He’s just having a hard time right now. There’s nothing to say he can’t catch fire and light it up like he’s been doing.” The Falcons (6-6) take their three-game losing streak on the road to face the Vikings, with division races for both teams in full swing. The quarterback contrasts have made this matchup all the more intriguing, with Cousins coming back to the place where he spent the previous six seasons. Cousins has a $25 million salary cap hit this season, the 11th-highest among quarterbacks in the league. Even if the Falcons were to move on in 2026 and swallow the dead money for two more years with eighth overall pick Michael Penix Jr. waiting in the wings, Cousins will carry a $40 million charge in 2025. Darnold’s cap charge is $5 million this season, just 31st on the list. Though he will become a free agent in March, the Vikings structured his contract with void years to spread his cap hit into next season for another $5 million. McCarthy, the 10th overall pick, won't be ready until next year after having surgery to repair the meniscus he tore in his right knee in his first preseason game. Though Darnold has had a couple of clunkers this year, the Vikings still won those games and he's bounced back strong without letting interceptions linger into future decisions. "He’s kind of found a little balance, at least the last few weeks, of ‘When is it too risky?’ and ‘When can I take my shot at something?’” offensive coordinator Wes Phillips said. The Falcons have seen as much on tape. “I think he’s playing free,” Pro Bowl safety Jessie Bates said. “It’s not a lot of complicated throws or anything that he’s doing. I just think that he’s finally able to feel comfortable in himself.” Falcons coach Raheem Morris decided to address the significance of Cousins’ homecoming with the team, bracing for the type of crowd reaction that will only intensify the noise at U.S. Bank Stadium that's already daunting for opponents. Minnesota's defense has thrived this season at home, using the fans to enhance the effectiveness of a disguise-based, aggressive scheme that leads the league with 18 interceptions and has also been adept at rushing the passer and stuffing the run. “The environment they create up in Minnesota is absolutely outstanding,” Morris said. Cousins isn't the only key figure from the Falcons who's well-known to Vikings coaches. Morris was the defensive coordinator in 2021 with the Los Angeles Rams when O'Connell was the offensive coordinator and Phillips was the tight ends coach on that Super Bowl champion team. Vikings running back Aaron Jones has fumbled three times in the last two games, losing two of them, but he hasn't lost the confidence of coaches or teammates as evidenced by the pass called for his go-ahead touchdown catch against the Cardinals. Family is a strong support system for him, too, but sometimes that means tough love. His mother, Vurgess Jones, let him have it after the game when they talked about the turnovers. “I was like, ‘I’ve got to learn from it,'” Jones said. “She was like, ‘You didn’t learn last week?'” He has matched his career high in 2024 with five fumbles and three lost, a fact not lost on a Falcons defense that's aggressive with dislodging techniques despite only four recovered fumbles in 12 games. “You can see it all over the tape: Those guys are coaching it," Phillips said. Vikings outside linebacker Jonathan Greenard, who was named the NFC Defensive Player of the Month after racking up eight tackles for loss in November, carried his pass-rushing mojo into December with a couple of clutch plays in the final minute to preserve the victory over Arizona. Greenard has 10 of the team's 39 sacks. “How many times this year has he affected the quarterback, drawn a penalty, sacked the quarterback, strip-sacked like last week in these critical moments where you need your best players to go make those plays?” O'Connell said. “He’s done it time and time again.” Falcons running back Bijan Robinson set a career high last week with 26 carries. He had 102 yards rushing and was again a significant part of the passing attack with six catches against the Chargers. “I just do whatever I can to help us as a team,” said Robinson, who’s fifth in the NFL with 1,277 combined yards from scrimmage. “I just trust whatever they have in the plan.” AP NFL: https://apnews.com/hub/NFL

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