UPI Payments
- Business
UPI’s share in India’s digital payments surged to 83 pc: RBI report
Mumbai: The share of the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 percent in 2019 to an impressive 83 percent in 2024, with a remarkable CAGR (cumulative…
- Middle East
Indians visiting UAE to get wider access to UPI payments with NIPL-Magnati partnership
New Delhi: Indian tourists visiting the United Arab Emirates (UAE) will be able to use Unified Payments Interface (UPI) to make payments over a wider range of merchant locations with NPCI International…
- India
UPI breaks record with 16.58 billion transactions in October
New Delhi: The Unified Payments Interface (UPI)-based digital transactions continued to surge, and in October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI…
- Hyderabad
TGSRTC to roll out UPI payments on all RTC buses after Hyderabad pilot: Reports
Hyderabad: The Telangana State Road Transport Corporation (TGSRTC) is likely to implement UPI payments in all RTC buses soon. This move will address the difficulty faced by conductors in returning change for…
- Business
India offers UPI as a plug-and-play system to other countries
Bengaluru: RBI Governor Shaktikanta Das on Monday offered India’s UPI system as a plug-and-play system for other countries to facilitate quicker and cheaper cross-border remittances among the community of nations. Addressing the…
- Hyderabad
Hyderabad: Small traders, street vendors targeted in UPI fraud
Hyderabad: A new wave of cyber fraud is targeting small businesses in Hyderabad, as miscreants have devised a scheme to pilfer digital payments through QR codes. The scheme involves fraudsters pasting their…
- Middle East
Qatar: Indian tourists will soon be able to make UPI QR payments
New Delhi: NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Thursday signed an agreement with QNB, the largest financial institution in the Middle…
- Business
UPI payments see surge in India, leading people to overspending too: Experts
New Delhi: As India’s digital and less-cash journey gains steam, more and more people are not only purchasing their daily essentials via unified payments interface (UPI) mode of digital transactions but also…
- Business
Will NPCI implement or extend the 30 pc cap on market share of UPI players?
New Delhi: As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the Unified Payments Interface (UPI) market, the deadline by the National Payments Corporation of India (NPCI)…
- News
ICICI Bank enables UPI payments in India for NRI customers
Dubai: ICICI Bank on Monday, May 6, announced that it has enabled instant payment facility UPI for its non-resident Indian (NRI) customers in India through their international mobile numbers. According to the…
- Middle East
Indians travelling to UAE can use PhonePe to make UPI payments
PhonePe, a leading Indian fintech application, has announced that users travelling to the United Arab Emirates (UAE) can now make payments using UPI at Mashreq’s NEOPAY terminals. The collaboration is facilitated through…
- Technology
Neobanking startup Muvin winds up operations: Report
New Delhi: Neobanking startup Muvin has reportedly shut down its operations, as per a Reserve Bank of India (RBI)’s directive to stop using Unified Payments Interface (UPI) in a co-branding arrangement. A…
- Business
Key UPI transaction changes that come into effect in New Year
New Delhi: The Unified Payments Interface (UPI) rules have gone through some key changes in the New Year to improve online banking and payment transaction experiences. The National Payments Corporation of India…
- Technology
Gupshup brings UPI payments on feature phones
New Delhi: Homegrown conversational engagement platform Gupshup on Thursday said that it is bringing the convenience of UPI payments on feature phones. GSPay, the native app built by Gupshup.io uses the power…
- Technology
Paytm now offers lightning fast UPI payments that never fail in peak hours
New Delhi: Paytm Payments Bank has become the only platform to exclusively offer UPI LITE payments, which enables faster real-time transactions with a single tap on the Paytm app. Paytm UPI LITE…
