"upi"

Driven by festive spending, UPI transactions hit an all-time high of Rs 27.28 lakh crore in October, up 16 per cent year-on-year, according to NPCI. With 20.7 billion transactions, UPI continues to dominate India’s digital payments landscape and expand globally

Cobrapost has alleged that Anil Ambani’s Reliance Group diverted over Rs 41,900 crore through shell entities and offshore firms. The conglomerate dismissed the charges as an agenda-driven campaign aimed at manipulating stock prices and acquiring its assets cheaply

Razorpay, through its Malaysian arm Curlec, has partnered with NPCI International to enable UPI payments in Malaysia. The move, announced at the Global Fintech Fest 2025, will allow Indian travellers to pay local merchants seamlessly using UPI apps.

The Unified Payments Interface (UPI) recorded its highest-ever single-day value of Rs 1.02 lakh crore on October 18, buoyed by strong festive demand and GST rate cuts that boosted consumer spending. Retail sales also surged to an unprecedented Rs 6.05 lakh crore

Viyona Fintech has received NPCI approval to operate as a Third Party Application Provider, enabling it to offer UPI services with partner banks. Through its GRAAMPAY platform and new Farmers Marketplace, Viyona aims to support rural and urban financial inclusion

UPI recorded over 20 billion transactions in August for the first time, marking 34 per cent annual growth. Daily transactions averaged 645 million, with Maharashtra leading in digital payments, highlighting India’s rising adoption of cashless transactions, according to NPCI and SBI data.

Payment firms brace for 15 per cent revenue dip as online gaming law tightens; UPI may lose 25 crore transactions monthly

Corrupt officials in Telangana are using UPI apps to collect bribes, hoping to avoid Anti-Corruption Bureau traps. ACB says such methods fail, as raids are conducted only after collecting voice recordings, bank statements, and other solid evidence

The Telangana Football Association handed over ₹1 lakh to referee Syed Ameer Ali Sajid for medical treatment after a road accident. Public donations are encouraged via PhonePe for further support

In the last 11 years, India has seen a remarkable journey under the leadership of Prime Minister Narendra Modi, the finance minister said on a post on X.

UPI has made everyday transactions seamless, instant, and cashless for millions of people in the country

The outage started around midday, prompting a surge of complaints on social media and Downdetector, a platform that tracks service disruptions in real time. At the height of the issue, Downdetector logged more than 2,300 reports—81% related to failed payments and 17% linked to problems with fund transfers. Major banking apps from SBI, ICICI, and HDFC were also affected, pointing to a broader issue within the UPI network infrastructure.

Prime Minister Narendra Modi has set 2047, the centenary of India's Independence, as the target date for the country to become a developed nation.

According to a report by fintech consulting and advisory firm The Digital Fifth, UPI is more than just a payment system—it serves as a comprehensive financial ecosystem driving India's digital-first economy.

WhatsApp Pay can now extend UPI services to its entire user base in India

Kazan Summit reflects the bloc’s aim to challenge West-driven financial hegemony by promoting a multipolar world order

The UPI hit a milestone of 16.6 billion transactions in a month in October, with improvements in its capabilities like successful instant debit reversals at 86 per cent (77 per cent in the same month last year)

To encourage cashless transactions and increase digital payments, South Central Railway (SCR) has introduced an additional facility for payment of charges through ‘QR code’ at 35 major parcel offices in railway stations across the six divisions of the zone.

The immense popularity of UPI is seen from transaction volume ratio which stands at 38.4 times of credit card transaction volumes, according to the report by Axis Securities

This feature allows users to instantly withdraw funds into their savings accounts, even if trading on the same day. It addresses a major issue for stock investors by ensuring real-time trade settlements and enhancing liquidity. Investors can now withdraw up to ₹1 lakh on the same day.