Unified Payments Interface (UPI)
- World
Maldivian President decides to introduce India’s UPI in Maldives
Male: Maldivian President Mohamed Muizzu has decided to take the necessary steps to introduce India’s Unified Payment Interface (UPI) in the Maldives. The move is expected to bring significant benefits to the…
- Business
UPI transactions rise 41 pc to touch record 14.96 billion in August: NPCI
New Delhi: The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore…
- Business
UPI processed Rs 81 lakh cr worth transactions in April-July, up 37% YoY
New Delhi: Surpassing world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per…
- Business
Over 40 per cent consumers use digital payment every day in Tier 3-6 cities: Report
New Delhi: More than 40 per cent of consumers in Tier 3 to 6 cities use digital payment on a daily basis, while 45 per cent claimed to use it once in…
- Business
Credit card spendings via UPI platform touch new high
Mumbai: The Unified Payments Interface (UPI) platform, a flagship of the Indian Digital Public Infrastructure (DPI) which has gone global, has added another feather to its cap. According to Dilip Asbe, Managing…
- Telangana
Telangana: How to pay power dues as TGSPDCL disables UPI payment mode
Hyderabad: The Telangana state Southern Power Distribution Company (TGSCPDL) has stopped receiving payments via UPI apps including GooglePay, PhonePe, PayTM and other UPI apps effective from 1st of July.However, you can use…
- Technology
UPI transactions surge 49 per cent YoY at 13.89 billion in June
New Delhi: The Unified Payments Interface (UPI)-based transactions reached 13.89 billion in June, surging 49 per cent on a year-on-year (YoY) basis, data by the National Payments Corporation of India (NPCI) showed…
- Technology
Paytm shows early signs of recovery in UPI transactions
New Delhi: Payment and financial services company Paytm is witnessing early signs of recovery and strong stabilisation for its Unified Payments Interface (UPI) business, marking a strong turnaround for the company. The…
- Business
UPI integration spurs growth in RuPay credit cards: Report
New Delhi: With 75 per cent of all ‘Credit Cards (CC) on UPI’ transactions happening at small merchants, a new report on Thursday said that UPI (Unified Payments Interface) integration has fuelled…
- Technology
UPI transactions volume surge 56 pc, average ticket size drops 8 pc: Report
New Delhi: The number of Unified Payments Interface (UPI) transactions witnessed a staggering growth at 56 per cent (year-on-year) in the second half of last year (H2 2023), with the volume being…
- Business
Flipkart launches its UPI handle to boost India’s digital economy vision
Bengaluru: E-commerce marketplace Flipkart on Sunday launched its Unified Payments Interface (UPI) handle to further enhance its digital payment offerings for all customers, including its 500+ million customers. With Flipkart UPI, users…
- Business
MobiKwik unveils ‘Pocket UPI’ for payments without linking bank account
New Delhi: Fintech company MobiKwik on Monday introduced a new feature called ‘Pocket UPI’ that enables users to make UPI payments through MobiKwik Wallet without linking their bank account. The company said…
- Business
DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030
New Delhi: Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion…
- News
India & Sri Lanka discuss early launch of UPI payment system
Colombo: Six months after it was announced by the prime ministers of both countries, India has discussed the early launch of the UPI payment system with Sri Lanka and reiterated its support…
- News
Transactions via UPI cross 100 bn mark in 2023: NPCI
New Delhi: Transactions via the unified payments interface (UPI) platform surpassed the 100 billion-mark in 2023 to close at around 118 billion, representing 60 per cent growth as compared to 74 billion…
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