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UPI reaches new heights with 5.58 billion transactions in April 2022

The data shared by the National Payments Corporation of India (NPCI) has revealed that 5.58 billion…

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WhatsApp Pay UPI is now live while Google Pay, PhonePe have already got the first sting

After a long wait, WhatsApp finally received the approval to operate the Unified Payments Interface…

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Indian consumers made 9.36 bn transactions worth ₹10.25 trillion in Q1 2022

India saw 9.36 billion transactions amounting to ₹10.25 trillion in the first quarter (January-Marc…

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ASUS ROG ​​launches Zephyrus M16 2022 edition for Indian gamers

Priced at Rs 1,79,990, ASUS said it is an addition to the company's extensive gaming portfolio and …

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YES Bank – a leader in UPI transactions leaves payment companies like PhonePe high and dry

India’s central bank – the Reserve Bank of India capped the withdrawals from YES Bank at ₹50,000. T…

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India’s digital payments soar – UPI crosses ₹5 lakh crore in transaction value in March

United Payments Interface or UPI, India’s big digital payments bet, has broken a new record. UPI cr…

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Indian homes expected to make half their payments digitally in 3 years

According to a report by Redseer, half of all household payments in India are expected to be made d…

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PhonePe moves domicile from Singapore to India

PhonePe moves domicile from Singapore to India

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Paytm is betting big on UPI and though it’s still a distant third, analysts believe it could have an edge over PhonePe and Google Pay

With the COVID-19 pandemic, the move to digital has become even more important and with that, the g…

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Now, tourists from G20 countries will get to use UPI instead of cash in India

RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…

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PhonePe raises $700 million at a $5.5 billion valuation, will operate as a separate entity

PhonePe has raised $700 million in a fresh round of fundraising, at a post-money valuation of $5.5 …

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PhonePe sold a million two-wheeler insurance policies in less than 9 months

Digital payments platform PhonePe on Tuesday announced that it sold over a million two wheeler insu…

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WhatsApp Pay UPI services gets the green signal from NPCI, but rollout will be in a 'graded' manner

Having a cap on the transaction volume will help in de-risking the entire set-up and is essen…

PTI   


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PhonePe partners with ICICI Bank on UPI multi-bank model

"At PhonePe, our effort has always been to give customers more choice while making their transacti…

PTI   


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You will soon be able to use UPI in France in addition to UAE, Singapore

As part of the MoU, Lyra Networks will allow Indians to pay using UPI and Rupay cards at termi…

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What is UPI and how does it work?

Unified Payments Interface or UPI is an immediate real-time payment system developed by the …

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RBI to allow use of credit cards via UPI soon, starting with RuPay credit cards

At present, only savings and current bank accounts are linked to the UPI platform through thei…

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Democratising commerce: ONDC could be the UPI moment for small retailers, MSMEs

ONDC is the Indian government’s attempt to democratise commerce, said Thampy Koshy, the CEO of ONDC…

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Digital payments are on track to cross the 200 billion mark, but fintechs are yet to ‘earn’ from them

Digital payments transactions in India are expected to cross the 200 million mark in the next three…

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Phonepe logs ₹4,000 crore transactions a day after it shifts from Yes Bank to ICICI

On Thursday (March 5), Phonepe’s team was in for a rude shock – it experienced a service outage, wi…