Prime Minister Shri Narendra Modi, alongside Sri Lanka’s President H.E. Mr. Ranil Wickremesinghe and Mauritius’s Prime Minister H.E. Mr. Pravind Jugnauth, is set to observe the introduction of Unified Payment Interface (UPI)
Unified Payments Interface (UPI) concluded the year 2023 on a remarkable note, setting new records in both transaction count and overall value. December witnessed a staggering 1,202 crore transactions, amounting to more
On September 6, the National Payments Corporation of India (NPCI) unveiled a range of innovative products designed to propel the Unified Payments Interface (UPI) to achieve an ambitious target of 100 billion
In response to the rising threat of online fraud and financial scams, Google Pay is cautioning users against using screen sharing apps during transactions. Despite employing advanced Artificial Intelligence and fraud prevention
India’s digital economy reached a significant milestone as the Unified Payments Interface (UPI) achieved a remarkable feat. In October 2023, UPI transactions surged past an unprecedented $206.14 billion, marking the first time
On August 10th, the Reserve Bank of India unveiled three novel attributes that hold the capability to introduce the forthcoming phase of the payments evolution via the Unified Payments Interface (UPI). These
The recent Network-to-Network agreement signed by India and Sri Lanka marks a significant milestone in strengthening bilateral cooperation between the two South Asian nations. The agreement aims to facilitate the acceptance of
In a recent RBI bulletin, the Unified Payments Interface (UPI) has emerged as a frontrunner in the realm of retail digital transactions, with projections indicating its potential to capture a remarkable 90%
PhonePe, today announced that it has gone live with the UPI LITE feature on its app. The feature allows users to initiate low-value payments under Rs. 200, with a single tap from
With Cash use declining from 71 percent of POS transaction value in 2019 to just 27 percent in 2022, India has emerged as a global leader in payments with the development of