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Unified Payments Interface News

Unified Payments Interface

02 Dec 2024

UPI Transactions May Touch 25 Billion A Month Towards 2025 End

After reaching a record high in October 2024 of 16.58 billion transactions and a value of Rs 23.50 lakh crore, UPI transactions in November stood at 15.48 billion transactions (38 per cent year-on-year growth) with a value of Rs 21.55 lakh crore (24 per cent YoY growth).

Unified Payments Interface

30 Oct 2024

Two New UPI Changes From November 2024-- All You Want To Know

From UPI Lite to Sebi mandate --check two changes in UPI.

Unified Payments Interface

31 Aug 2024

UPI Likely To Grow Further In Several Countries: RBI Governor

These endeavours, he said, underscore collaborative efforts for the adoption of India’s initiatives across the globe.

Unified Payments Interface

10 Aug 2024

UPI In Maldives: India To Launch Major Digital Payment Service Across Islands

During a recent meeting with Maldivian Minister Moosa Zameer, Indian External Affairs Minister S. Jaishankar finalised a key agreement.

11 Jul 2024

DNA: UPI growing rapidly in villages

05 May 2024

India and Ghana Agree to Launch UPI on Ghana's Interbank Payment Systems

India's UPI has already reached countries including Singapore and the UAE.

23 May 2023

Now, Link Rupay Credit Cards With Google Pay For UPI Payments In India

The feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India.

19 Aug 2022

Good news for UPI users! Soon you can do transactions via UPI in UK

Users in India have swiftly made UPI their preferred method of payment. UPI users will soon conduct transactions in the UK. NPCI partnered with PayXpert for digital payment in UK.

03 Aug 2022

PM Narendra Modi lauds UPI transactions crossing record 6 billion in July

UPI transactions crossed 6 billion in July 2022. It is the highest transaction ever since its launch. UPI transactions were launched 6 years back in India.

State Bank of India

27 Apr 2022

How to keep your UPI payment safe? SBI shares 5 tips

SBI's digital security guidelines for customers. Guidelines on what to do and what not online. Guidelines for safe digital transactions.

UPI transactions

24 Apr 2022

UPI server faces outage, complaints flooded on Twitter about failed payments

UPI server goes down for a while. The volume of UPI transactions below Rs 100 accounts for 75% of the total. UPI processed 540 crore transactions worth Rs 9.60 lakh crore in the month of March alone.

13 Apr 2022

PM hails India in Pixels for explaining digital payments via data sonification

PM Modi lauded IIP for explaining digital payments via data sonification. IIP said UPI is truly a revolution.

UPI transactions

01 Nov 2021

UPI transactions value surpasses record $100 billion in October

The value of transactions was Rs 7.71 lakh crore in rupees, and 421 crore transactions were completed in the month, both records. The buying spree that marked the start of festival season, as well as e-commerce purchases, propelled the surge in October. The average monthly growth rate of UPI transactions was 5.8% from March to September 2021.

UPI transactions

02 Oct 2021

Now you can send money using UPI without Internet: Check step by step process

UPI has become the lifeblood of Indian financial transactions. UPI allows consumers to transfer money from one bank account to another in seconds using their cellphones. *99# service is currently available from 41 prominent banks and all GSM service providers in 12 languages, including Hindi and English.

digital payments

07 Mar 2021

Tech giants eye India's burgeoning digital retail payments market

India's digital payments are quickly gaining ground as India's 1.3 billion people are starting to embrace online shopping India's smartphone user base is approaching one billion Unified Payments Interface (UPI) debuted in 2016 and set the digital payments arena afire.

22 Jan 2021

UPI users may not be able to do transactions between 1 AM to 3 AM, know why

UPI users may not be able to do transactions between 1 AM to 3 AM for the next few days NPCI said has advised users to avoid making transactions during the specified time and plan their transactions ahead of that time to avoid any inconvenience.

Unified Payments Interface

30 Aug 2019

Mumbai banker loses Rs 87,000 via digital payments app

With increased online payments it is important to know how to protect UPI transactions from cyber fraud.

07 Aug 2019

Truecaller apologises for bug that covertly signed up users for UPI

This "anomaly", which triggered panic and hacking fears last week, affected less than 0.12 per cent of Truecaller's total monthly users in India, said the company which has over 100 million daily active users in the country.

Flipkart payments platform

09 Mar 2018

PhonePe hits out at Paytm, says claims around UPI are misleading

PhonePe clarified that data around Paytm's ATV and Average Transactions per Customer (ATPC) was not available.

Card transactions

19 Nov 2017

Card transactions soar 84% in Sep 2017 to Rs 74,090 crore

The transaction volume at all points of sale (POSes) clipped higher by 86 per cent to 378 million in September this year over the same period last year when it stood at 203 million, European payment solutions provider Worldline said in a weekend report quoting the Reserve Bank data.

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