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Upi Payments

SBI Card Enables RuPay Credit Card Users To Make UPI Payments: Here’s How to Use

SBI Card collaborates with NPCI to enable RuPay credit cardholders to engage in UPI transactions. Learn more.

10 August 2023

Want To Pay With UPI and RuPay Cards While In Europe? NIPL and Worldline Now Enable This

NPCI’s international arm, NIPL, and Worldline payments have partnered up to enable Indians travelling in Europe to use their UPI and RuPay payment mechanisms for making payments abroad

12 October 2022

UPI Payments

UPI Payment Crosses Rs 11 Lakh Crore Milestone In September

During the month, 678 crore transactions in volume terms were done on the platform launched in 2016.

04 October 2022

RBI Stops Printing Rs 2000 Note, Current Focus On Smaller Denominations, Including Rs 200

Cash Rush: Traders Accepting Rs 2000 Notes As Customers Flock To Offload Currency

Despite this, traders are accommodating the high-denomination notes for even small purchases as people rush to offload currency following the surprise withdrawal announcement by the Reserve Bank of India.

22 May 2023

India In Line With RBI’s Vision, Records 20.57 Billion Online Payments in Q2 2022

UPI trumps credit and debit cards at 34 per cent against 8 per cent in terms of volume at merchant transactions. UPI sees increasing usage in micro transactions over cash as well, says Worldline research report

05 October 2022

Now, Transact Without Internet And PIN On UPI Lite With PNB, SBI, HDFC Bank And 5 Others Banks

Now, Transact Without Internet And PIN On UPI Lite With PNB, SBI, HDFC Bank And 5 Others Banks

UPI Lite is a new UPI-based wallet launched by the RBI and NPCI recently. Here’s how it is different from UPI and some of the important things to keep in mind before using it

26 September 2022

Many Countries Keen On Entering Into Collaboration For UPI Linked Payments: RBI Governor

Recently, the RBI also enabled visitors from G20 counties to be on-boarded to the UPI platform without having a bank account in the country

06 March 2023

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Fintech Industry Needs To Work Relentlessly On Safety To Uphold People's Trust: PM Modi

In his message at the Global Fintech Fest, PM Modi said the sector has been an example of the wonders that can be worked when a government that encourages innovation comes together with the energy of young and inventive minds

20 September 2022

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04 August 2022
UPI Clocks 6.28 Billion Transactions, Gears Up For Greater Financial Inclusion In India

UPI Clocks 6.28 Billion Transactions, Gears Up For Greater Financial Inclusion In India

The UPI network processed 6.28 billion transactions worth Rs 10.63 trillion in July 2022. The UPI-credit card is widely expected to give a further boost to...


27 July 2022
What Are Newly Proposed MDR rates For UPI-linked RuPay Credit Card transactions?

What Are Newly Proposed MDR rates For UPI-linked RuPay Credit Card transactions?

The National Payments Corporation of India (NPCI) and various banks are ready to submit a final proposal regarding MDR charges on UPI-linked RuPay credit cards...


22 July 2022
Cash Usage Will Come Down Only When A Third Of Population Uses Digital Payments: NPCI Chief

Cash Usage Will Come Down Only When A Third Of Population Uses Digital Payments: NPCI Chief

Asbe said there will be ten times growth in the transaction volumes and Indians will be executing a billion digital payments transaction in a day


01 July 2022
UPI Transactions Remain Above Rs 10 Lakh Crore In June For Second Month In A Row: NPCI Data

UPI Transactions Remain Above Rs 10 Lakh Crore In June For Second Month In A Row: NPCI Data

However, it was down by nearly 3 per cent from the previous month


17 June 2022
UPI’s Universality On Rise: Now, Indians Can Pay In Euros In France With UPI, RuPay Cards

UPI’s Universality On Rise: Now, Indians Can Pay In Euros In France With UPI, RuPay Cards

India’s UPI has a new foreign use case, and this time, it’s France. Previously, UAE, Japan, the US, Singapore, Bhutan and Nepal were accepting UPI.


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03 June 2022
UPI Processed Rs 10.41 Lakh Crore Worth of Transactions In May 2022

UPI Processed Rs 10.41 Lakh Crore Worth of Transactions In May 2022

India’s instant payment solution, the UPI, processed Rs 10.41 lakh crore in 5.95 billion transactions in May 2022.


23 May 2022
RBI Ban On Paytm Bank To Onboard New Customers Expected To Be Resolved In 3-5 months: Paytm CFO

RBI Ban On Paytm Bank To Onboard New Customers Expected To Be Resolved In 3-5 months: Paytm CFO

The Reserve Bank of India (RBI) in March had barred Paytm Payments Bank from onboarding new customers, citing “material supervisory concerns” observed at...


20 May 2022
Apple Adds UPI And Netbanking As Payment Option For Indian Users On App Store

Apple Adds UPI And Netbanking As Payment Option For Indian Users On App Store

A few weeks back, Apple had removed Indian debit and credit card payments as it could not comply with an RBI directive. Now Apple has added UPI and Netbanking...


28 April 2022
Tech Will Transform Retail Industry; Provide Credit Access To Millions Of Retailers: Nilekani

Tech Will Transform Retail Industry; Provide Credit Access To Millions Of Retailers: Nilekani

UPI payments have become ubiquitous and became the first big thing which impacted retail, Nilekani, the founding chairman of UIDAI (Aadhaar), noted


23 April 2022
UPI Provides A Seamless And Convenient Payment Option; But How Secure Is It?

UPI Provides A Seamless And Convenient Payment Option; But How Secure Is It?

A UPI transaction takes mere seconds and is the most preferred payment mechanism in India. Here’s how security matches its speed.


09 April 2022
MobiKwik Withdraws E-Wallet Services From Crypto Exchanges, Say Industry Executives  

MobiKwik Withdraws E-Wallet Services From Crypto Exchanges, Say Industry Executives  

MobiKwik has disabled its e-wallet services from all major crypto exchanges in India from April 1, according to senior executives from different crypto...


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05 April 2022
Individual Investors Can Use UPI For Up To Rs 5 Lakh Payment In Public Issues

Individual Investors Can Use UPI For Up To Rs 5 Lakh Payment In Public Issues

The new guidelines will come into force for public issues opening on or after May 1, 2022, Sebi said in a circular.


31 March 2022
Macquarie Says NPCI’s UPI Lite To Pose Threat On Wallet Business: Report

Macquarie Says NPCI’s UPI Lite To Pose Threat On Wallet Business: Report

Earlier this month, Macquarie reduced the target price of stocks of One97 Communications Limited, Paytm's parent company by 36 per cent from Rs 700 to Rs 450.


30 March 2022
Google Pay Launches Tap To Pay Feature For UPI Payments

Google Pay Launches Tap To Pay Feature For UPI Payments

This will allow people to make payments by just tapping their phones against the POS terminal. 


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