Unified Payments Interface (UPI): News
19 Nov 2024
WhatsAppHow to send or request money using UPI on WhatsApp
WhatsApp, the Meta-owned messaging platform, is well-known for its range of capabilities from sharing images, location, and files to supporting the Unified Payments Interface (UPI) for financial transactions.
13 Nov 2024
National Payments Corporation of IndiaHow to contribute to your NPS account using BHIM app
The National Payments Corporation of India (NPCI) has launched a new feature on its BHIM app, enabling users to contribute to their National Pension System (NPS) accounts.
04 Nov 2024
National Payments Corporation of IndiaNRIs can transfer money to India using UPI: Here's how
Non-Resident Indians (NRIs) can use Unified Payments Interface (UPI) for quick money transfers to India.
01 Nov 2024
Reserve Bank Of India (RBI)Auto top-up for UPI Lite now live: How to use
Unified Payments Interface (UPI) Lite users are in for two major updates that will make their digital payment experience even better.
29 Oct 2024
JioThis Jio Financial-subsidiary can now operate as online payment aggregator
Jio Payment Solutions Limited (JPSL), a fully-owned subsidiary of Jio Financial Services, has received the Reserve Bank of India's (RBI) nod to operate as an online payment aggregator.
26 Oct 2024
DiwaliHow to buy genuine gold, silver online this Dhanteras
Dhanteras, an important Hindu festival celebrated two days ahead of Diwali, is an auspicious occasion to buy gold and silver. This year, the festival is being celebrated on October 29.
23 Oct 2024
PaytmAfter 8-month freeze, Paytm can now onboard new UPI users
Paytm, one of India's leading financial services companies, has received the green signal from the regulator to resume onboarding of new Unified Payments Interface (UPI) users.
11 Oct 2024
Reliance IndustriesJioFinance launches new app with UPI, loans and insurance solutions
Reliance Industries-owned Jio Financial Services Limited (JFSL) has launched its improved JioFinance app, which is now live on Google Play Store, Apple App Store, and MyJio.
09 Oct 2024
Reserve Bank Of India (RBI)Per transaction limit for UPI Lite hiked to ₹1,000
The Reserve Bank of India (RBI) has increased the per transaction limit for UPI Lite from ₹500 to ₹1,000. This is part of the central bank's plan to encourage wider adoption of digital payments.
08 Oct 2024
ICICI BankPhonePe now offers instant UPI credit for ICICI Bank customers
ICICI Bank has partnered with digital payments platform PhonePe, to offer instant credit on Unified Payments Interface (UPI) transactions.
03 Oct 2024
AndroidHow to enable and use UPI Circle on Google Pay
Google has introduced a new feature, UPI Circle, on its Google Pay app.
02 Oct 2024
Indian EconomyIndia's digital economy projected to reach $1 trillion by 2028
India is on track to become a $1 trillion digital economy by 2028, according to a report by Ask Capital.
01 Oct 2024
FastagUPI records over 500 million daily transactions in September
The Unified Payments Interface (UPI) network, run by the National Payments Corporation of India (NPCI), has hit a major milestone.
24 Sep 2024
Securities and Exchange Board of IndiaUPI now must for public issue applications of debt securities
The Securities and Exchange Board of India (SEBI) has issued a directive, mandating the use of Unified Payments Interface (UPI) for individual investors applying for public issues of debt securities.
19 Sep 2024
FintechNPCI may raise market share cap for UPI payment operators
The National Payments Corporation of India (NPCI), the regulatory body responsible for overseeing India's Unified Payments Interface (UPI) system, is reportedly considering a revision of its proposed market share cap for UPI operators.
16 Sep 2024
HDFC BankUPI transaction limit increased to ₹5L lakh for these categories
The National Payments Corporation of India (NPCI) has announced an increase in the transaction limit for certain Unified Payments Interface (UPI) payments, including tax payments.
11 Sep 2024
Google Pay (Gpay)Google Pay to soon offer UPI Circle: What is it
Google Pay is preparing to soon integrate UPI Circle, a new feature announced by the National Payments Corporation of India (NPCI) earlier this month.
04 Sep 2024
HDFC BankIndia to have 200M credit cards by 2029
India's credit card industry is on a rapid growth trajectory, with projections indicating that the number of cards will reach 200 million within five years.
04 Sep 2024
National Payments Corporation of IndiaNew UPI feature lets you deposit cash directly at ATMs
The Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) have jointly launched a new feature called UPI Interoperable Cash Deposit (UPI-ICD).
03 Sep 2024
FintechIndia's fintech sector to mint 150 unicorns by 2030: Report
India's financial technology (fintech) sector is set to witness a significant surge, with an estimated 150 unicorns emerging by 2030.
01 Sep 2024
National Payments Corporation of IndiaUPI transactions hit record high of 14.96 billion in August
The Unified Payments Interface (UPI) has set a new record with 14.96 billion transactions in August 2024, marking a significant year-on-year (YoY) growth of 41%, according to data from the National Payments Corporation of India (NPCI).
26 Aug 2024
PhonePePhonePe turns profitable, clocks ₹5,064 crore revenue in FY24
PhonePe, a leading player in the digital payments sector, has reported a significant 74% increase in its revenue for the fiscal year ending March 2024.
26 Aug 2024
Reserve Bank Of India (RBI)RBI announces Unified Lending Interface for seamless credit access
Reserve Bank of India (RBI) Governor Shaktikanta Das, has announced a new technological platform called the Unified Lending Interface (ULI).
22 Aug 2024
PhonePePhonePe launches 'Credit Line on UPI' feature: What is it
PhonePe, a leading fintech firm, has introduced a new feature called 'Credit Line on UPI' for its users.
21 Aug 2024
FlipkartFlipkart makes re-entry into payments app market with super.money
Flipkart has launched a new payments application called super.money, marking its re-entry into the fintech sector.
21 Aug 2024
NVIDIAThis toll system leverages AI, UPI to reduce traffic congestion
Calsoft, an Indian-American tech company, is revolutionizing India's toll collection system by introducing an automated solution.
19 Aug 2024
National Payments Corporation of IndiaBeware! Fraudsters are spamming UPI IDs with multiple collect requests
A new type of fraud is on the rise, targeting users of the Unified Payments Interface (UPI).
19 Aug 2024
National Payments Corporation of IndiaBiometrics could soon make UPI payments unhackable
The National Payments Corporation of India (NPCI) is reportedly exploring the integration of biometric authentication into Unified Payments Interface (UPI) transactions.
19 Aug 2024
AmazonAmazon Pay might reportedly become a standalone app in India
Amazon is contemplating the transition of its financial services, Amazon Pay, into an independent application in India.
16 Aug 2024
National Payments Corporation of IndiaUPI Circle lets you share UPI account: How it works
The National Payments Corporation of India (NPCI) has launched a new feature called 'UPI Circle-Delegate Payments' on its Unified Payments Interface (UPI) platform.
14 Aug 2024
SwiggySwiggy launches its own UPI payment service for faster transactions
Swiggy, a leading online food and grocery delivery platform, has launched its own Unified Payments Interface (UPI) payment service called 'Swiggy UPI.'
10 Aug 2024
IndiaIndia to launch UPI service in Maldives, says Jaishankar
India has signed a Memorandum of Understanding (MoU) with the Maldives, to implement the Unified Payments Interface (UPI) system in the island nation.
08 Aug 2024
BusinessNavigating digital payments in India: A beginner's guide
In today's fast-paced world, the role of digital payments in daily transactions across India cannot be overstated.
05 Aug 2024
BusinessYou could soon avail UPI loans against your fixed deposits
Private banks in India are considering a new strategy to extend credit on the Unified Payments Interface (UPI) using fixed deposits (FDs) as collateral.
22 Jul 2024
Reserve Bank Of India (RBI)How RBI works with other countries to make UPI global
The Reserve Bank of India (RBI) is partnering with multiple countries, to globalize the Unified Payments Interface (UPI), as revealed in the Economic Survey 2023-2024.
04 Jul 2024
United Arab EmiratesShopping in Dubai? You can now pay using UPI
India's NPCI International Payments Limited (NIPL) has teamed up with UAE's Network International to introduce Unified Payments Interface (UPI) payments.
26 Jun 2024
FlipkartFlipkart rolls out 'Super.money' payments app to take on PhonePe
Indian e-commerce giant, Flipkart, has launched its proprietary payments app, Super.money.
10 Jun 2024
PaytmPaytm stock surges 8.5% to cross ₹400 after 8 weeks
The stock price of One 97 Communications, the parent company of Paytm, has seen a significant increase of 8.6%, reaching ₹414.
07 Jun 2024
Reserve Bank Of India (RBI)RBI launches automatic reload feature for UPI Lite wallet
The Reserve Bank of India (RBI) has introduced an automatic reload feature for the UPI Lite wallet under its e-mandate framework.
02 Jun 2024
National Payments Corporation of IndiaUPI records 14.04 billion transactions in May, sets new milestone
The Unified Payments Interface (UPI) processed a record 14.04 billion transactions in May.
28 May 2024
Adani GroupAdani Group may soon offer UPI, credit card, e-commerce services
Adani Group, one of India's prominent conglomerate, is reportedly strategizing to penetrate the e-commerce and digital payments sectors.
10 May 2024
BHIM UPIHow to reset your UPI PIN using BHIM app
The Unified Payments Interface (UPI) has revolutionized digital transactions, providing ease and convenience.
06 May 2024
BusinessGhana to embrace India's UPI later this year
India and Ghana are fast-tracking the integration of their respective payment systems, Unified Payment Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS).
21 Apr 2024
National Payments Corporation of IndiaNPCI to outline methods for enforcing 30% UPI market limit
The National Payments Corporation of India (NPCI) has set a 30% cap on Unified Payments Interface (UPI) market share, leaving the industry in anticipation.
18 Apr 2024
PaytmPaytm migrates users to new UPI IDs: Know key changes
One97 Communications Limited (OCL), the parent company of Paytm, has started transitioning its users to partner payment service provider (PSP) banks. These include Axis Bank, HDFC Bank, SBI, and Yes Bank.
