UPI records massive growth in FY26 with over 24,000 crore transactions, reinforcing its role as the backbone of India’s digital…
Focus shifts to product, partnerships and use-case expansion after spin-off
India’s UPI has been recognised by the IMF as the world’s largest real-time payment system with 129.3 billion transactions, prompting…
The traction is beginning to show. BHIM’s volumes nearly tripled between January and October this year – from 38.9 million…
RBI said the UPI–TIPS cross-border payment link has entered the realisation phase in partnership with the European Central Bank, aiming…
UPI led India’s retail payments in 2024 with 17,221 crore transactions worth ₹246.8 lakh crore, accounting for nearly 85% of…
The idea is to mitigate risks arising from returns and cancellations and the partners will be finalised soon, he added…
IDFC First Bank’s new feature addresses this gap by enabling NRIs to link their international numbers to their UPI IDs.…
There are times when platforms like GPay, Paytm, PhonePe, and others experience temporary downtimes, preventing users from completing transactions.
Users of major digital payment platforms such as Google Pay, PhonePe, and Paytm experienced transaction failures, leading to significant disruptions…
BHIM 3.0 will be fully rolled out by April 2025, making digital payments even easier for you. Let’s know the…
To prevent fraud and unauthorised transactions, mobile numbers not in use for 90 days will be delinked from associated bank…
BHIM users can now contribute to their existing NPS accounts with ease, eliminating the need to remember complex details.
Can a wrong UPI transaction be reversed? You can recover transferred money to a wrong UPI address by acting quickly.…
With UPI in Singapore, the cost of remittances will fall by as much as 10%. Additionally, Indian migrants and tourists…
The cabinet today approved incentives worth Rs 2600 crore for FY 2022-23 which will be given on the use of…
This virtual piggy bank helps individuals automate savings
The rapid growth in digital payment technology and more importantly, the introduction of the Unified Payments Interface (UPI) has changed…