recurring | Common News Update

National Payments Corporation of India (NCPI), on Wednesday, launched its one-stop fintech payment solution- UPI AutoPay in a virtual event of Global Fintech Fest. The feature is dedicated to recurring payments and can be used for multiple financial purposes such as utility payments, booking bus pass, train tickets, paying DTH subscriptions among others. Nandan Nilekani, Co-founder and Non-Executive Chairman of the Board, Infosys, said, “We have long been planning a digital payments economy. And, now we are seeing a huge amount of digital payments, more than cash withdrawals. As we provide more and more such user-friendly services like UPI AutoPay we will see more and more adoption of digital payments. This is one of the national goals to increase the proportion of digital payments and r...

A new drug to treat malaria has been given the green light by authorities in the United States. The medicine is specifically for the recurring form of malaria - caused by the parasite plasmodium vivax - which makes 8.5 million people ill each year. This type of malaria is a particular challenge to get rid of as it can remain dormant in the liver for years before reawakening many times. Scientists have described tafenoquine as a "phenomenal achievement." Regulators around the world will now look at the drug to see if they can recommend it for their populations. Relapsing illnessRecurring malaria is the most common type of malaria outside Sub-Saharan Africa. Children can be particularly at risk, getting several bouts of malaria from a single bite, missing ...

Tag: recurring

NPCI launches UPI AutoPay feature for recurring payments

New drug for recurring malaria