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"digital-payments"

  • Connaught place businesses report 75 per cent drop in sales due to Jantar Mantar demonstrations

    Traders in Jantar Mantar and Connaught Place reported severe business losses as ongoing CJP protests disrupted footfall. Road diversions, metro station closures, and internet disruptions affecting digital payments reduced sales to just 25 percent of normal levels
  • New Zealand open to adopting India’s UPI digital payment system, says minister

    New Zealand has expressed openness to adopting India's Unified Payments Interface (UPI), with Trade Minister Todd McClay saying the country's regulatory environment can accommodate the digital payment platform. The remarks come as UPI continues expanding globally through international payment partnerships.
  • UPI goes live in Greece, says Commerce Minister Piyush Goyal

    Commerce and Industry Minister Piyush Goyal announced that UPI services have gone live in Greece, enabling instant, low-cost money transfers. During his Athens visit, he met Eurobank CEO Fokion Karavias and urged Greek businesses to invest in India.
  • At VivaTech, Modi says AI means ‘all inclusive’ for India

    At the VivaTech 2026 forum in Paris, Prime Minister Narendra Modi advocated democratising technology, saying AI means “All Inclusive” for India. He highlighted India's digital achievements, startup ecosystem and investment opportunities while calling for technology access that benefits everyone
  • South Africa looks to India’s UPI model to drive cashless economy

    South African Reserve Bank Governor Lesetja Kganyago has cited India’s UPI as a model for reducing cash dependence. As South Africa develops a free real-time payment system, UPI’s success in driving digital transactions is being viewed as a benchmark
  • PM SVANidhi transformed lives of street vendors: Modi

    Prime Minister Narendra Modi said PM SVANidhi has empowered millions of street vendors through collateral-free loans, financial inclusion and digital adoption. Marking six years of the scheme, he highlighted its role in boosting livelihoods, dignity and economic growth across urban India
  • India’s UPI to go live in Cyprus from next year

    India’s UPI digital payment system will become operational in Cyprus from next year following agreements signed during Narendra Modi’s 2025 visit. The move expands UPI’s European footprint and strengthens India-Cyprus cooperation in fintech, trade and cross-border financial connectivity
  • PM Modi reaffirms commitment to Women’s Reservation Bill

    Prime Minister Narendra Modi, addressing the nation, reiterated his government’s commitment to women’s empowerment despite the setback in Parliament over the Women’s Reservation Bill. He framed the issue as part of a larger pattern of resistance to reforms by the Opposition.
  • UPI transactions surge 27 pc annually at 20.39 billion in Feb: NPCI data

    India’s digital payments platform Unified Payments Interface recorded 27% annual growth in February transaction volumes, reaching 20.39 billion, as per National Payments Corporation of India data, strengthening its global expansion and dominance over cash transactions domestically
  • Rewind: No UPI, Only Cash – digital inclusion vs GST enforcement

    GST notices generated by UPI data sparked protests across Karnataka, exposing how data-led enforcement —without context or support — can undermine trust in Digital India
  • India built what no one else did: Macron shares street vendor’s story

    At the India-AI Impact Summit 2026 in New Delhi, French President Emmanuel Macron praised India’s digital transformation, citing a Mumbai vendor’s journey to digital payments. He highlighted strategic AI cooperation with Narendra Modi, emphasising innovation, sovereignty, and responsible technology
  • Digital payments on the rise: BHIM app Sees 300 pc growth in 2025

    The BHIM Payments App saw a sharp rise in usage in 2025, with monthly transactions growing from 38.97 million in January to 165.1 million in December, a more than fourfold increase. Transaction volumes rose over 300 per cent, while values crossed Rs 20,854 crore in December.
  • Govt working on to expand overseas presence of UPI: DFS Secretary

    India aims to expand its homegrown UPI digital payment system to more countries, especially in East Asia, Financial Services Secretary M Nagaraju said. UPI already operates in eight nations, facilitating digital transactions and supporting Indian tourists abroad
  • Atal Vajpayee’s ideals continue to shape Atmanirbhar Bharat: Dhami

    Uttarakhand Chief Minister Pushkar Singh Dhami said former Prime Minister Atal Bihari Vajpayee’s values and governance vision continue to inspire India’s self-reliance under Prime Minister Narendra Modi, citing infrastructure growth, welfare schemes, and digital transformation
  • India talking to 8 more nations for UPI acceptability: Nagaraju

    India is negotiating with about 7–8 countries, including in East Asia, to expand acceptance of its Unified Payments Interface (UPI), Financial Services Secretary M. Nagaraju said. UPI is already usable in eight countries, and India is integrating it into trade negotiations to boost fintech participation and leverage cost and scale advantages
  • UPI sets new record in October with Rs 27.28 lakh crore transactions

    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
  • India Fintech Foundation seeks RBI, government action to curb UPI concentration risk

    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
  • UPI hits record Rs 1.02 lakh crore in single-day payments as GST cuts fuel Diwali demand

    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
  • Real-money gaming ban may shrink digital payments by Rs 30,000 crore, hit gateways’ revenues

    Payment firms brace for 15 per cent revenue dip as online gaming law tightens; UPI may lose 25 crore transactions monthly
  • Internet outage in Hyderabad disrupting digital payments

    Widespread internet outages in Hyderabad, caused by the power department’s cable-cutting drive, disrupted UPI and card transactions, forcing many shops and restaurants to insist on cash payments. The disruption has sparked public outrage and financial losses across the city
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