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
UPI transactions rose 25 per cent year-on-year in October to 20.70 billion, with total value reaching Rs 27.28 lakh crore, NPCI data showed. IMPS also saw steady growth, as India’s digital payment ecosystem expanded under ongoing GST 2.0 reforms.
The Unified Payments Interface (UPI) has posted a robust recover in the month of May by processing 18.68 billion transactions, up from 17.89 billion in April
The provisions of this circular will come into force from April 07, 2025 and will be applicable to the Rights Issues that are approved by the Board of Directors of the Issuer from the date of coming into force of this circular, according to the markets regulator
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)
With Flipkart UPI, users can now set up their own UPI handle for online and offline Merchant transactions within and outside of the Flipkart marketplace.
The '2023 World Payments Report' by Capgemini Research Institute predicts non-cash transaction volumes to double, reaching approximately 2.3 trillion by 2027, up from the 2022 figures.
The National Payments Corporation of India (NPCI) confirmed on Thursday that the monthly transaction count on UPI has surpassed 10.24 billion, accompanied by a net transaction value of Rs 15.18 trillion.
New Delhi: Facebook-owned WhatsApp, which kicked off its ambitious peer-to-peer (P2P) digital payments pilot project in India in 2018 with nearly 10 lakh users, has failed to make it a success ever after more than three years of its inception, as the transaction value of Unified Payments Interface (UPI) payments continues to break all records […]
