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RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…

ANI   


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Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI

On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…

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1 min read

Reserve Bank asks NPCI to help continue operations of Paytm app

Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …

PTI   


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NPCI International to support Namibia develop instant payment system like UPI

A key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limit…

ANI   


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RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders

Das held a meeting on Wednesday with major stakeholders in the UPI ecosystem - banks, NPCI, thi…

PTI   


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UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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RBI plans new framework for authentication of digital transactions

The RBI on Thursday said that it has decided to come out with a new framework for authentication of…

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5 mins read

Will UPI payments now attract charges? Decoding NPCI’s interchange fee on UPI transactions via prepaid payment instruments

The National Payments Corporation of India (NPCI) has introduced an interchange fee of up to 1.1% o…

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UPI in 2024 – Five rule changes that you need to know

The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…

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1 min read

NPCI defers UPI market cap rules till Dec 31, 2024

In a major relief for some third-party digital payments players, the National Payments Corporation …

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UPI transaction limit for education and healthcare hiked to ₹5 lakh per day

Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…

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Paytm Payments Bank supports UPI market cap, maintains leadership as PSP & Issuer Bank

Homegrown Paytm Payments Bank Limited (PPBL) on Wednesday said it supports and welcomes the propose…

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1 min read

UPI parent body and this e-commerce startup are on Times list of top-100 influential companies

There is good news and not so good news. The Reserve Bank of India (RBI) and Indian Banks' Associat…

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3 mins read

UPI parent body makes payments easier – Now voice commands will also enable transactions and more

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), unveiled a range of new product o…

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2 mins read

GST mop-up rises 13% to ₹1.6 lakh crore in March, second highest collection ever

GST collection grew 13 per cent in March to Rs 1.60 lakh crore - the second highest mop-up since th…

PTI   


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India exported military hardware worth ₹15,920 crore in 2022-23: Rajnath

"India's defence exports have reached an all-time high of Rs 15,920 crore in FY 2022-2023. It i…

PTI   


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Cash remains king in India, co-exists alongside digital modes of payment

In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…

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Seriously thinking about joining the Indian UPI payments system says Japanese official

After Singapore's integration in the UPI network, Japan is also considering a similar move. In an i…

ANI   


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Digital transactions to soon exceed cash in India: PM Modi

The Prime Minister of India, Narendra Modi, expressed hope that digital transactions will soon surp…

PTI   


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4 mins read

Explained: How UPI LITE makes small payments faster & easier

Have you been frustrated when making UPI payments because your bank’s servers were down? With Paytm…