UPI News

Finance Minister Sitharaman Calls for Infrastructure Boost to Achieve 1 Billion UPI Transactions Daily

Finance Minister Nirmala Sitharaman urges stakeholders to address infrastructure gaps to achieve 1 billion UPI transactions daily, following recent system outages affecting users n...

India Aims for 1 Billion UPI Transactions Daily: Finance Minister Sitharaman Charts Future of Digital Payments

Finance Minister Nirmala Sitharaman reviews UPI ecosystem, aiming for 1 billion transactions daily in 2-3 years, focusing on international expansion, infrastructure resilience, and...

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...

UPI Shatters Records: Rs 25 Lakh Crore Transactions in March, Marking a Historic High

UPI sets a new record with 1,830 crore transactions worth Rs 24.8 lakh crore in March, showing a significant year-on-year growth. The platform now averages 59 crore transactions da...

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...

Government Approves Rs 1,500 Crore Incentive to Revolutionize UPI Transactions

The Union Cabinet has approved a Rs 1,500 crore incentive scheme to promote low-value BHIM-UPI transactions among small businesses, aiming to boost digital payments. Despite govern...

UPI's Global Triumph: 15,000 Crore Transactions in 2024

The Ministry of Finance announced that UPI completed 15,547 crore transactions between January and November 2024, amounting to Rs 223 lakh crore, reflecting its transformative impa...