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South African Reserve Bank Governor Lesetja Kganyago has cited India’s Unified Payments Interface (UPI) as a model for Pretoria’s push to reduce cash usage. The government aims to build a free, real-time national payments system inspired by UPI’s success.
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Indian banking is transforming rapidly as digital innovation replaces traditional services — the winners will be banks that balance trust with technology
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Vehicles without functional FASTag will be charged twice the applicable user fee if paying in cash
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Sangareddy Central Jail Superintendent Kalasagar accused staff members of accepting UPI bribes for favours to inmates. He warned of strict action, highlighted illegal smuggling of prohibited items, and announced rigorous searches, triggering a furore among jail personnel
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A survey of India’s wealthy reveals that over a third abstain from alcohol, whiskey remains popular, and UPI is the top payment method. Mumbai leads in millionaire households, followed by New Delhi and Bengaluru, reflecting concentrated wealth in major States
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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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Post offices have not been able to accept digital payments as they don’t have their accounts synced with UPI (unique payment interface) system
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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.
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JioSoundPay provides sound alerts for UPI payments received, without needing any sound box. Nearly five crore small and micro merchants can avail the free feature an save Rs 1,500 annually
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President Mohamed Muizzu decides to take the necessary steps to introduce India's UPI system
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Mohanty said that cybercrimes currently account for 30 per cent of all crimes, a number that could rise to 50 per cent in the future.
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The RBI has proposed to introduce a new provision called "Delegated Payments" through UPI. The step is aimed at further deepening the reach and usage of digital payments.
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The seamless digital journey via the UPI mode has also resulted in people overspending on stuff they actually may not need at times.
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Passengers not having change money for purchasing tickets on Noida Metro can now avoid hassle by using the UPI payment facility across all the stations of the rail network.
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In a bid to enhance passenger convenience, the Delhi Metro on Thursday extended the UPI option for payments at ticket vending machines and counters across its network.
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Additionally, there are no charges for the bank account to bank account based UPI payments (normal UPI payments).
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Bengaluru: Accelerating its journey in creating a one-stop payment platform, fintech company Slice on Thursday launched the integration of unified payments interface (UPI) into its app for all its existing and waitlisted users. Following its trial in 2021, the company said it is now rolling out the integration in a phased manner for its users. […]
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The product of Tensor Fields Consultancy Services, vCard allows users to make UPI payments using their credit card seamlessly.
