Unified Payments Interface

UPI services suffer nationwide outage, NPCI cites ‘technical issues’
Technology

UPI services suffer nationwide outage, NPCI cites ‘technical issues’

Digital payments via Unified Payments Interface (UPI) service suffered a nationwide outage on Saturday which affected millions of users. Digital…
Payments via mobile phones clocked 41 pc jump in July-Dec 2024
Business

Payments via mobile phones clocked 41 pc jump in July-Dec 2024

Payments through mobile phones in India recorded a 41 per cent jump in transaction volume to 88.54 billion and a…
NPCI in talks to remove ‘pull transactions’ on UPI to reduce digital frauds
Technology

NPCI in talks to remove ‘pull transactions’ on UPI to reduce digital frauds

In an effort to curb rising digital frauds, the National Payments Corporation of India (NPCI) is reportedly in early discussions…
UPI transactions see 33 pc YoY volume growth in Feb, value up 20 pc
Business

UPI transactions see 33 pc YoY volume growth in Feb, value up 20 pc

The unified payments interface (UPI) transactions witnessed 33 per cent growth (year-on-year) in transaction volume in February at 16.11 billion,…
UPI surges to Rs 20.64 lakh cr in value in Sep, transactions jump to 15.04 billion
Business

UPI surges to Rs 20.64 lakh cr in value in Sep, transactions jump to 15.04 billion

The Unified Payments Interface (UPI) surged to Rs 20.64 lakh crore in value in the month of September — a…
Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman
Business

Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman

As the unified payments interface (UPI) goes global, Finance Minister Nirmala Sitharaman has urged the banks to explore creating deeper…
UPI transactions likely to touch 100 billion mark in next 10 years: NPCI chief
Business

UPI transactions likely to touch 100 billion mark in next 10 years: NPCI chief

The country’s Unified Payments Interface (UPI) has the potential to touch 100 billion transactions in the next 10-15 years backed…
Over 1.73 lakh panchayats using UPI for digital payments: Union Minister
News

Over 1.73 lakh panchayats using UPI for digital payments: Union Minister

As the unified payments interface (UPI) technology continues to empower millions of users, more than 1.73 lakh panchayats in the…
Credit card spendings via UPI platform touch new high
Business

Credit card spendings via UPI platform touch new high

The Unified Payments Interface (UPI) platform, a flagship of the Indian Digital Public Infrastructure (DPI) which has gone global, has…
UPI adding up to 60 lakh new users every month, global adoption surge
Business

UPI adding up to 60 lakh new users every month, global adoption surge

The digital payment growth continues to surge and Unified payments Interface (UPI) is now adding up to 60 lakh new…
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