Unified Payments Interface (UPI)

Uganda gears up to roll out Aadhaar-like ID system, eyes UPI adoptionUganda gears up to roll out Aadhaar-like ID system, eyes UPI adoption

Uganda gears up to roll out Aadhaar-like ID system, eyes UPI adoption

By Vishu Adhana Uganda is set to roll out an Aadhaar-like digital identification system based on India-developed open-source technology soon,…

3 weeks ago
UPI achieves 15,547 crore transactions worth Rs 223 lakh crore from January to NovemberUPI achieves 15,547 crore transactions worth Rs 223 lakh crore from January to November

UPI achieves 15,547 crore transactions worth Rs 223 lakh crore from January to November

The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this…

5 months ago
India’s UPI goes live at Galeries Lafayette in Paris, eyes Paris Olympics boostIndia’s UPI goes live at Galeries Lafayette in Paris, eyes Paris Olympics boost

India’s UPI goes live at Galeries Lafayette in Paris, eyes Paris Olympics boost

India's Unified Payments Interface (UPI) has expanded its footprint to the heart of Paris, with the flagship store of Galeries…

10 months ago
India to create a cross-border retail payment platform with four ASEAN countriesIndia to create a cross-border retail payment platform with four ASEAN countries

India to create a cross-border retail payment platform with four ASEAN countries

India has joined Project Nexus, a multilateral international initiative that aims to enable instant cross-border retail payments through interlinking payment…

10 months ago
India leads the world in mobile wallet payments with 90.8 pc adoption in 2023India leads the world in mobile wallet payments with 90.8 pc adoption in 2023

India leads the world in mobile wallet payments with 90.8 pc adoption in 2023

India has emerged as the global leader in mobile wallet payments, with 90.8 per cent of its population using mobile…

12 months ago
India’s PhonePe UPI launched in Sri LankaIndia’s PhonePe UPI launched in Sri Lanka

India’s PhonePe UPI launched in Sri Lanka

India's fintech company PhonePe Unified Payments Interface (UPI) has been launched in Sri Lanka. Central Bank of Sri Lanka Governor…

12 months ago
MoU signed with Greek bank to facilitate remittances to India using UPIMoU signed with Greek bank to facilitate remittances to India using UPI

MoU signed with Greek bank to facilitate remittances to India using UPI

NPCI International Payments Limited (NIPL), a subsidiary of National Payments Corporation of India (NPCI), and leading Greek bank Eurobank signed…

1 year ago
India signs MoU to interlink UPI with UAE’s instant payment platform AANIIndia signs MoU to interlink UPI with UAE’s instant payment platform AANI

India signs MoU to interlink UPI with UAE’s instant payment platform AANI

Multiple memoranda of understanding, including an MoU on interlinking of the instant payment platforms - UPI and UAE's AANI, were…

1 year ago
UPI’s arrival in Sri Lanka, Mauritius to boost cross-border commerce, tourism: IndustryUPI’s arrival in Sri Lanka, Mauritius to boost cross-border commerce, tourism: Industry

UPI’s arrival in Sri Lanka, Mauritius to boost cross-border commerce, tourism: Industry

The launch of Unified Payment Interface (UPI) services in Sri Lanka and Mauritius by Prime Minister Narendra Modi is a…

1 year ago
“Significant step towards taking UPI global”: PM Modi on launch of UPI at Eiffel Tower“Significant step towards taking UPI global”: PM Modi on launch of UPI at Eiffel Tower

“Significant step towards taking UPI global”: PM Modi on launch of UPI at Eiffel Tower

Prime Minister Narendra Modi lauded the formal launch of the Unified Payments Interface (UPI) at the iconic Eiffel Tower in…

1 year ago
PM Modi explains UPI digital payments system to French President MacronPM Modi explains UPI digital payments system to French President Macron

PM Modi explains UPI digital payments system to French President Macron

Prime Minister Narendra Modi explained the Unified Payments Interface (UPI) digital payments system to French President Emmanuel Macron as the…

1 year ago
Key UPI transaction changes that come into effect in New YearKey UPI transaction changes that come into effect in New Year

Key UPI transaction changes that come into effect in New Year

The Unified Payments Interface (UPI) rules have gone through some key changes in the New Year to improve online banking…

1 year ago
Washington’s concerns grow as Indian rupee, yuan accelerate de-dollarisationWashington’s concerns grow as Indian rupee, yuan accelerate de-dollarisation

Washington’s concerns grow as Indian rupee, yuan accelerate de-dollarisation

The hurriedly imposed sanctions by the US on Russia last year are now pinching the US. The move prompted countries…

2 years ago
PM Modi for globalising Indian digital payments model, seeks bigger private sector push in fintechPM Modi for globalising Indian digital payments model, seeks bigger private sector push in fintech

PM Modi for globalising Indian digital payments model, seeks bigger private sector push in fintech

Prime Minister Narendra Modi today underlined the need to further expand the scope of fintech so that the benefits of…

2 years ago
India’s UPI being linked with Singapore’s PayNow for instant cash transferIndia’s UPI being linked with Singapore’s PayNow for instant cash transfer

India’s UPI being linked with Singapore’s PayNow for instant cash transfer

Prime Minister Narendra Modi and Prime Minister of Singapore, Mr. Lee Hsien Loong, witness the launch of cross-border connectivity between…

2 years ago

RBI gives nod to 32 more firms to operate as payment aggregators

The Reserve Bank of India (RBI) has granted in-principle approval to 32 payment aggregators which include Amazon Pay, Google India…

2 years ago

Cash driven Indian economy turning into a digital one: SBI

The Indian economy is undergoing a structural transformation, as the country’s cash dominated economy is gradually turning into a digital…

2 years ago