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"upi"

  • 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
  • NPCI approves Viyona Fintech as third party UPI app provider

    Viyona Fintech has received NPCI approval to operate as a Third Party Application Provider, enabling it to offer UPI services with partner banks. Through its GRAAMPAY platform and new Farmers Marketplace, Viyona aims to support rural and urban financial inclusion
  • UPI transactions surpass 20 billion for 1st time in Aug valued at Rs 24.85 lakh crore

    UPI recorded over 20 billion transactions in August for the first time, marking 34 per cent annual growth. Daily transactions averaged 645 million, with Maharashtra leading in digital payments, highlighting India’s rising adoption of cashless transactions, according to NPCI and SBI data.
  • 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
  • Officials using UPI to dodge ACB traps in Telangana

    Corrupt officials in Telangana are using UPI apps to collect bribes, hoping to avoid Anti-Corruption Bureau traps. ACB says such methods fail, as raids are conducted only after collecting voice recordings, bank statements, and other solid evidence
  • Telangana Football Association supports injured referee with medical aid

    The Telangana Football Association handed over ₹1 lakh to referee Syed Ameer Ali Sajid for medical treatment after a road accident. Public donations are encouraged via PhonePe for further support
  • 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.
  • India taps to pay — Thanks to UPI

    UPI has made everyday transactions seamless, instant, and cashless for millions of people in the country
  • Nationwide UPI outage leaves users stranded, disrupts daily transactions

    The outage started around midday, prompting a surge of complaints on social media and Downdetector, a platform that tracks service disruptions in real time. At the height of the issue, Downdetector logged more than 2,300 reports—81% related to failed payments and 17% linked to problems with fund transfers. Major banking apps from SBI, ICICI, and HDFC were also affected, pointing to a broader issue within the UPI network infrastructure.
  • Indian women architects of country’s trajectory towards developed nation status: Annapurna Devi

    Prime Minister Narendra Modi has set 2047, the centenary of India's Independence, as the target date for the country to become a developed nation.
  • UPI powers 84pc of digital transactions in India, set to triple by 2030

    According to a report by fintech consulting and advisory firm The Digital Fifth, UPI is more than just a payment system—it serves as a comprehensive financial ecosystem driving India's digital-first economy.
  • NPCI removes UPI restrictions on WhatsApp Pay

    WhatsApp Pay can now extend UPI services to its entire user base in India
  • Opinion: India’s strategic move at BRICS

    Kazan Summit reflects the bloc’s aim to challenge West-driven financial hegemony by promoting a multipolar world order
  • Internationalisation of UPI progressing rapidly: RBI

    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)
  • South Central Railway introduces QR code payment facility at 35 parcel offices

    To encourage cashless transactions and increase digital payments, South Central Railway (SCR) has introduced an additional facility for payment of charges through ‘QR code’ at 35 major parcel offices in railway stations across the six divisions of the zone.
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