News

Indias Unified Payments Interface (UPI) has achieved a significant milestone, setting a new monthly record in May 2025 with ...
The Union finance ministry, RBI, and NPCI have implemented measures to protect digital financial transactions and combat ...
NPCI spun off BHIM as a separate arm in August 2024 to meet the growing demand for digital transactions and also to end ...
Since its launch in 2016, UPI has grown rapidly, driven by government efforts to push digital payments post-demonetisation, ...
The rebound follows a dip in April, when UPI volumes declined from 18.3 billion in March. That slump was attributed to ...
UPI services are booming in India. PhonePe and Google Pay are used for every small transaction. The National Payments ...
Kotak Mahindra Bank’s UPI-linked RuPay Virtual Credit Card offers instant approval, lifetime free usage, UPI integration, and ...
Transactions through the popular Unified Payments Interface (UPI) touched a record high of Rs 25.14 lakh crore in May, ...
In case of peer to merchant (P2M) transaction where merchant bank and acquiring PSP is same, UPI will consider transaction ...
The feat is even more remarkable because card networks such as Visa and Mastercard follow a deferred settlement model ...
UPI transactions reached a record high of Rs 25.14 lakh crore in May, a 5% increase from April and 23% year-on-year growth.
Officials also pointed out that the RBI and National Payments Corporation of India (NPCI) continue to work closely with banks ...