RBI Governor Sanjay Malhotra emphasizes the need for sustainable funding to support UPI's growth, highlighting government subsidies' role in its adoption and the industry's call fo...
India leads the world in real-time digital payments through UPI, processing over 18 billion transactions monthly. This revolution supports small businesses and expands globally, ma...
India's UPI has surpassed Visa with 650 million daily transactions, marking a significant milestone in the digital payment revolution. With its rapid growth and widespread adoption...
The IMF reports that India's UPI payment system has significantly reduced cash usage, processing over 18 billion transactions monthly and becoming a global leader in faster payment...
India leads the world in digital payments through UPI, with a notable decline in cash and card usage, as reported by the IMF. UPI's interoperability and rapid growth highlight a si...
Finance Minister Nirmala Sitharaman urges stakeholders to address infrastructure gaps to achieve 1 billion UPI transactions daily, following recent system outages affecting users n...
Finance Minister Nirmala Sitharaman reviews UPI ecosystem, aiming for 1 billion transactions daily in 2-3 years, focusing on international expansion, infrastructure resilience, and...
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 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...
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...
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...
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...
