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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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UPI in 2024 – Five rule changes that you need to know

The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…

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3 mins read

With transactions worth ₹126 lakh crore, UPI rules digital payments in 2022: Worldline report

Indians are increasingly choosing to pay digitally with transactions via debit, credit, prepaid car…

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BharatPe and PhonePe amicably settle all trademark disputes over 'Pe' suffix

Both companies had been involved in long-drawn legal disputes across multiple courts, over the past…

ANI   


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Indian policy makers are not happy that 8 out of 10 UPI transactions are being done through PhonePe and Google Pay

While there are over 50 third-party UPI apps, PhonePe and Google Pay account for over 81% of t…

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UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says report

UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says re…

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WhatsApp carried out only 17 million UPI transactions last fiscal, PhonePe was at 20 billion

Over 45 billion transactions were carried out through the unified payments interface (UPI) in the f…

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Explained: How UPI LITE makes small payments faster & easier

Have you been frustrated when making UPI payments because your bank’s servers were down? With Paytm…

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PhonePe is citing data to argue that merchants should pay for UPI transactions

Walmart-owned digital payment firm PhonePe on Thursday, September 2, opened its data bank for every…

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Will UPI payments now attract charges? Decoding NPCI’s interchange fee on UPI transactions via prepaid payment instruments

The National Payments Corporation of India (NPCI) has introduced an interchange fee of up to 1.1% o…

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4 mins read

SBI processed about 5 Lakh IPO transactions in June, PhonePe continues to be the most used UPI app

About ₹5.5 lakh crore was transferred through 2.8 billion transactions on the UPI in the month of J…

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Over 200 million UPI transactions were done each day in July 2022

There has been a constant month-on-month increase in UPI transactions over the years and the…

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UPI transactions will remain free, government says it has no plan to charge them

The Finance Ministry has said that the government does not plan on levying charges on UPI transacti…

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4 mins read

SBI Cards, PhonePe, Google Pay to benefit from RBI allowing credit cards to be linked to UPI, say analysts

India’s central bank has announced that users will soon be able to link credit cards with UPI apps.…

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In a relief to PhonePe and Google Pay, UPI apps may get more time to comply with the 30% cap on market share

This will come as a huge relief to apps such as PhonePe and Google Pay that currently dominate…

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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…