UPI (Unified Payment Interface) Archives

UPI Becomes the World’s Largest Real-Time Payments Platform

Ali WaghbakriwalaJuly 27, 2026July 27, 2026

July 27, 2026July 27, 2026

India’s Unified Payments Interface (UPI) has become the world’s largest real-time payments platform, reflecting the country’s rapid advancement in digital payments and financial services. The...

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How UPI Is Changing the Banking System in India

Ali WaghbakriwalaOctober 7, 2025October 7, 2025

October 7, 2025October 7, 2025

In just a few years, India’s banking and payments landscape has been transformed. At the heart of this transformation lies UPI (Unified Payments Interface), which...

INDIA

RBI Raised Transaction Limit for UPI 123Pay to Rs 10,000 and for UPI Lite Wallet to Rs 5,000

adminOctober 9, 2024October 9, 2024

October 9, 2024October 9, 2024

During the Monetary Policy Committee (MPC) announcement, Das stated that the per-transaction limit for UPI 123Pay will be increased from Rs 5,000 to Rs 10,000,...

BUSINESS

UPI Surpasses 500 Million Daily Transactions in September, Reports NPCI

Dhruva KulkarniOctober 1, 2024October 1, 2024

October 1, 2024October 1, 2024

The National Payments Corporation of India (NPCI) reported a significant milestone for the Unified Payments Interface (UPI) network in September, with over 500 million daily...

INDIA

Trinidad & Tobago Partners with India to Develop UPI-Style Digital Payment Platform

Ali WaghbakriwalaSeptember 27, 2024September 27, 2024

September 27, 2024September 27, 2024

Trinidad & Tobago has taken a pioneering step as the first Caribbean nation to partner with India in creating a real-time payment platform utilising India’s...

ECONOMY

RBI Plans To Launch ‘Unified Lending Interface’ Technology Platform

adminAugust 26, 2024August 26, 2024

August 26, 2024August 26, 2024

RBI Governor Shaktikanta Das introduces ULI and describes it as a groundbreaking advancement in the lending sector, forming a new trinity with JAM and UPI....

TECHNOLOGY

Swiggy UPI Allows Users to Conduct UPI Transactions Directly within Swiggy App

adminAugust 14, 2024August 14, 2024

August 14, 2024August 14, 2024

Swiggy has introduced Swiggy UPI, a new feature simplifying its users’ in-app payment process. By incorporating the UPI Plugin solution from the National Payments Corporation...

ECONOMY

RBI Proposed To Increase Upper Limit for UPI Tax Payments to Rs 5 Lakhs

adminAugust 8, 2024August 8, 2024

August 8, 2024August 8, 2024

During the Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) proposed to increase the upper limit for tax payments through the Unified...

TECHNOLOGY

Ola’s Parent Company To Open Dark Stores To Support Quick Commerce

adminAugust 8, 2024August 8, 2024

August 8, 2024August 8, 2024

ANI Technologies, Ola’s parent company, is gearing up to establish small local warehouses known as dark stores to support its quick commerce service. These dark...

STARTUPS

PhonePe Partners Up with LankaPay for UPI Payment in Sri Lanka

Ali WaghbakriwalaMay 20, 2024May 20, 2024

May 20, 2024May 20, 2024

PhonePe, a Bengaluru-based company, has announced that it has partnered with LankaPay to enable PhonePe UPI payments in the country. This partnership will allow Indian travelers...

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Tag : UPI (Unified Payment Interface)