NPCI News

Revolutionizing Digital Payments: How UPI Circle Empowers Financial Inclusion in India

UPI Circle by NPCI revolutionizes India's digital payments by enabling delegated transactions with security and oversight, fostering financial inclusion and simplifying payments fo...

UPI Introduces 'Delegate Access to Contacts' Feature for Easier, Secure Payments

The BHIM app introduces UPI Circle, a feature allowing users to delegate payment access to trusted contacts, enhancing security and convenience for senior citizens, young adults, a...

RBI Empowers NPCI to Set UPI Transaction Limits for Merchants: A Move Towards Flexible Digital Payments

RBI Governor Sanjay Malhotra announces NPCI's new authority to set UPI transaction limits for merchants, alongside a repo rate cut to 6.0%, signaling a push towards flexible digita...

NPCI and Banks Collaborate on AI-Driven Initiative to Combat UPI Fraud in India

The National Payments Corporation of India (NPCI) and banks are testing a 'federated model' using AI to combat UPI fraud, following a record 18.3 billion transactions in March. Lea...

UPI Payment System Faces Technical Glitches: NPCI Addresses Partial Disruptions

NPCI addressed technical issues causing partial UPI payment disruptions, stabilizing the system after user complaints. The world's largest payment system processes over 50 crore tr...

December Sees an 8% Surge in UPI Transactions, Hitting a Record 16.73 Billion

December witnessed an 8% increase in UPI transactions, reaching a record 16.73 billion, with transaction values and daily averages also seeing significant growth. NPCI, overseeing ...