UPI Hits Record 19.47 Billion Transactions in July
Digital payments in India reached new heights in July 2025, with the Unified Payments Interface (UPI) surpassing an all-time high of 19.47 billion transactions worth...
Tag : UPI
Karnataka GST Dept Uses UPI Data to Nab 13,000 Evaders; Vendors Avoid Digital Payments
Using digital payment data as evidence, the Karnataka State Commercial Taxes Department has issued show-cause notices to nearly 13,000 small businesses and street vendors. This...
India, Namibia to Deepen Ties in Health and Entrepreneurship
India and Namibia have agreed to strengthen ties in health and entrepreneurship during Prime Minister Narendra Modi’s visit to the African nation on 9th July....
UPI Transactions Reach Record High in December 2024
UPI transactions hit a new peak in December 2024, with 16.73 billion transactions recorded, marking an 8% increase from November. UPI processed around 172 billion...
WhatsApp Pay to Launch for All Users as NPCI Lifts Onboarding Limit
The National Payments Corporation of India (NPCI) has lifted the UPI user onboarding limit for WhatsApp Pay, making it available to all users from now...
Dream11 Parent Launches UPI Payments App DreamX Just Before IPL23 Kicks Off
Dream Sports, the parent company of India’s largest fantasy sports platform, Dream11, launched a mobile payments app called DreamX on March 30, 2023, just a...
Merchants to Pay 1.1% Charge for Wallet Payments, UPI Payments Remain Free
Starting April 1, The National Payments Corporation of India (NPCI) will levy an interchange fee on Unified Payments Interface (UPI) transactions of more than Rs...
PhonePe Becomes First Indian Fintech to Allow UPI Payments Overseas
PhonePe, which has the largest market share by UPI transactions, now supports international payments, and Indians travelling abroad can pay foreign merchants through UPI. It...
UPI Lite Launched for Offline Transactions with UPI on RuPay Credit Cards, BBPS Cross-Border Payments
On Tuesday, the Reserve Bank of India (RBI) launched UPI Lite for feature phones, allowing Indian users to enable offline transactions with minor restrictions. RBI...
Bajaj Finserv Shares Fall After FinMin Says No Fees for UPI Transactions
Shares of Bajaj Finserv fell nearly 3% a day after the Finance Ministry said it would not consider charging any fees for transactions made through...