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"upi"

  • India, Indonesia to link UPI payment systems; PM Modi announces wider strategic ties

    Prime Minister Narendra Modi announced integration of India’s UPI with Indonesia’s payment system to ease cross-border transactions. The two countries also expanded cooperation in technology, critical minerals, maritime security, space, education and cultural heritage during bilateral talks in Jakarta
  • India, Seychelles seal 19 agreements to deepen defence, digital and development ties

    India and Seychelles unveiled 19 agreements after talks between Prime Minister Narendra Modi and President Patrick Herminie, strengthening cooperation in defence, maritime security, digital payments, healthcare, space, education and development, while marking 50 years of diplomatic relations between the two nations
  • Hyderabad Police warn parents over unmonitored online gaming among children

    Hyderabad Police have advised parents to closely monitor their children's online gaming activities amid rising complaints of unauthorised in-game purchases and excessive gaming. The advisory highlighted the health and behavioural risks of gaming addiction and offered support sessions for parents and schools.
  • India fastest-growing economy, no crisis ahead: Sitharaman

    Finance Minister Nirmala Sitharaman accused Rahul Gandhi of consistently portraying India negatively and ignoring its economic progress. Highlighting growth, poverty reduction, welfare schemes and digital infrastructure, she said India remains resilient despite global challenges and continues advancing towards Viksit Bharat 2047
  • 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
  • UPI, ATM withdrawals, LPG prices: Key financial changes that take effect from June 1

    Several financial changes have come into effect from June 1, including new UPI security measures, revised ATM withdrawal rules, tax-related deadlines and higher commercial LPG prices. Consumers and businesses are also tracking EPFO developments and the RBI's upcoming policy review.
  • 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
  • WhatsApp launches Business AI feature in India

    WhatsApp has launched Business AI on WhatsApp in India, enabling eligible businesses to provide AI-powered customer support, automate responses, capture leads and book appointments. The feature will also support UPI payments within chats in the coming weeks.
  • India’s digital payments grow 25 pc in April; UPI cements global leadership

    India’s digital payments ecosystem grew 25 per cent year-on-year in April, with transactions reaching 22.35 billion. UPI continues to dominate, expanding globally and recording exponential growth, reinforcing India’s position as a leader in digital public infrastructure and fintech innovation.
  • UPI accounts for 49 pc of global real-time payment transactions: Government

    As UPI marks its 10th anniversary, the government said India now accounts for 49 per cent of global real-time payments. The system processed 21.70 billion transactions in January 2026 alone and has emerged as a global benchmark for digital payments.
  • India, Bhutan launch cross-border remittance service through UPI integration

    India and Bhutan have announced a cross-border remittance initiative integrating the UPU PosTransfer system with India’s UPI through postal networks. The initiative aims to make money transfers faster, affordable and accessible while strengthening postal and technology cooperation.
  • 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
  • VIYONA Fintech partners with EFICYENT to facilitate cross-border UPI acceptance

    VIYONA Fintech has partnered with EFICYENT to enable international acceptance of India’s UPI across select corridors. The collaboration will focus on merchant payments and cross-border collections, with phased rollout subject to regulatory approvals in overseas markets
  • 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
  • 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
  • Paytm rolls out new AI-powered app with Gold Coins and smart payment tools

    Paytm has launched a redesigned version of its app with AI-driven features for personalised and smarter payments. The update includes digital gold rewards, expense categorisation, enhanced privacy tools, and new features for NRIs using UPI-linked account
  • 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
  • Indian travellers can soon pay via UPI in Malaysia: Razorpay

    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.
  • 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
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