Unified Payments Interface (UPI): News

21 Dec 2024

Paytm

What's RRN number on Paytm and when to use it

The Retrieval Reference Number (RRN) is a unique 12-digit ID given to every transaction on the Unified Payments Interface (UPI) network.

21 Dec 2024

Paytm

How to check your UPI transaction status on Paytm

Paytm, one of the leading digital payment platforms, also provides users with the ability to monitor their Unified Payments Interface (UPI) transactions.

UPI hits record 15,500 crore transactions worth ₹223 lakh crore

The Unified Payments Interface (UPI) has achieved a major milestone by processing 15,547 crore transactions amounting to ₹223 lakh crore between January and November 2024.

13 Dec 2024

Swiggy

How to add a new payment mode on Swiggy

Swiggy provides a seamless way to manage your payment options, making online transactions quick and convenient.

10 Dec 2024

Shaktikanta Das

Key decisions that marked Shaktikanta Das's tenure as RBI Governor

Shaktikanta Das, the 25th Governor of the Reserve Bank of India (RBI), has been a beacon of decisive leadership amid the worst economic challenges.

06 Dec 2024

Flipkart

How to transfer money using Flipkart UPI

Flipkart recently made a strategic move into the digital payments sector with the introduction of its Unified Payments Interface (UPI) service.

How to set up Swiggy UPI feature for faster payments

Swiggy, a leading Indian food delivery platform, offers a lesser-known feature called Swiggy UPI.

UPI's evolution in 2024: New features, global reach, and more

The Unified Payments Interface (UPI) has solidified its dominance in 2024, transforming the way India handles digital transactions.

29 Nov 2024

PhonePe

How to buy a health insurance plan through PhonePe

PhonePe allows you to purchase comprehensive health coverage directly through its platform.

26 Nov 2024

PhonePe

How to send money to yourself using PhonePe

Digital payments platform PhonePe has made it easy to transfer money from your salary account to another savings account in your name.

25 Nov 2024

Paytm

Paytm now offers automatic wallet top-up for UPI Lite users

Paytm, a popular digital payments platform in India, has launched a new feature - UPI Lite auto top-up.

25 Nov 2024

PhonePe

How to add money to your PhonePe Wallet

PhonePe, one of India's leading digital payments platforms, provides users the facility to add money to their wallets.

24 Nov 2024

PhonePe

Tamil Nadu police warn against UPI scam involving PhonePe

The Cyber Crime Wing of Tamil Nadu Police has issued a public warning regarding a scam targeting Unified Payments Interface (UPI) users.

19 Nov 2024

WhatsApp

How 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.

How 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.

NRIs 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.

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

Jio

This 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

Diwali

How 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

Paytm

After 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 Industries

JioFinance 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.

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 Bank

PhonePe 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

Android

How 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 Economy

India'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

Fastag

UPI 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.

UPI 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

Fintech

NPCI 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 Bank

UPI 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 Bank

India 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.

New 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

Fintech

India'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.

UPI 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

PhonePe

PhonePe 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.

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

PhonePe

PhonePe 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

Flipkart

Flipkart 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

NVIDIA

This 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.

Beware! 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).

Biometrics 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

Amazon

Amazon 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.

UPI 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

Swiggy

Swiggy 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

India

India 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

Business

Navigating 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

Business

You 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.

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 Emirates

Shopping 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

Flipkart

Flipkart 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

Paytm

Paytm 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.

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.

UPI 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 Group

Adani 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 UPI

How to reset your UPI PIN using BHIM app

The Unified Payments Interface (UPI) has revolutionized digital transactions, providing ease and convenience.

06 May 2024

Business

Ghana 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).

NPCI 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

Paytm

Paytm 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.

Prev
Next