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"digital-payments"

  • 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
  • New UPI rules from August 1 to cap balance checks, auto-pay timings and more

    The NPCI will enforce new UPI rules from August 1, limiting balance checks, restricting auto-pay timings, and capping reversal requests. The changes aim to ease network congestion, enhance transaction security, and improve the user experience across payment apps
  • Post offices across India to accept digital payments from August

    Post offices have not been able to accept digital payments as they don’t have their accounts synced with UPI (unique payment interface) system 
  • India embraces cashless revolution in last 11 years: Nirmala Sitharaman

    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.
  • Telangana’s T-Wallet marks 8 years with Rs 35,000 crore in transactions and 16 lakh users

    India’s first State-run digital wallet, T Wallet, has completed eight years with over 16 lakh users and Rs 34,991 crore in transactions. Integrated across Telangana’s service points, it enables IMPS transfers, utility payments, and seamless banking even in rural areas.
  • India taps to pay — Thanks to UPI

    UPI has made everyday transactions seamless, instant, and cashless for millions of people in the country
  • UPI goes global, India leads digital and telecom revolution: Union Minister Scindia

    Union Minister Jyotiraditya Scindia said India leads the global digital payments landscape, with UPI going international and telecom costs among the lowest. He highlighted India's digital-first economy and rapid northeast growth as central to the Viksit Bharat vision.
  • Bank frauds jump 3 times to Rs 36,014 crore in FY25

    Frauds have occurred predominantly in the category of digital payments, including card and internet, in terms of number, and primarily in the loan portfolio or advances in terms of value, the RBI report said
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