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UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…

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EXPLAINED: Here is how UPI would work on feature phones and offline mode

The Reserve Bank of India (RBI) on Tuesday announced the launch of UPI123Pay, which will allow feat…

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RBI rolls out UPI for feature phones — you will no longer need a smartphone or internet to make payments digitally

The UPI payment system was limited to smartphones with internet connectivity till now. While UPI…

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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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Paytm will be key beneficiary of India's UPI incentive scheme: Morgan Stanley

India's leading digital payments and financial services company Paytm will be a key beneficiary of …

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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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Policybazaar operator PB Fintech’s Q2 loss narrows to ₹187 crore

PB Fintech, operator of the insurance aggregator platform Policybazaar reported a sequential declin…

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EXPLAINED: What is DigiSaathi and how it can help you with digital payments

The Reserve Bank of India (RBI), along with the National Payments Corporation of India (NPCI), laun…

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Google Pay has a solid lead over PhonePe, Paytm and Amazon Pay⁠ in India⁠— but its biggest challenge is yet to come

Google Pay had 75 million transacting users in May, while PhonePe had 60 million users and Paytm ha…