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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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Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey

Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …

PTI   


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Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

ANI   


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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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India to see retail digital payments to double to USD 7 tn by 2030: Report

Millennials and Gen X are leading in the adoption of all types of digital payment instruments.

PTI   


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Adani Group could soon enter e-commerce and UPI segments, to rival Mukesh Ambani and Google

Gautam Adani-led Adani Group has a diverse portfolio, from ports to energy and more. The conglomera…

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Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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Quishing on the rise – Be alert while scanning payment QR codes

Digital payments have grown by leaps and bounds in India over the past few years, with unified paym…

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UPI transaction limit for education and healthcare hiked to ₹5 lakh per day

Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…

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Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur

Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …

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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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1 min read

India tops world ranking in digital payments, records 89.5 million transactions in 2022: MyGovIndia

As per the data, India in the year 2022 accounting for 46 per cent of the global real-time payments…

ANI   


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UPI parent body makes payments easier – Now voice commands will also enable transactions and more

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), unveiled a range of new product o…

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India exported military hardware worth ₹15,920 crore in 2022-23: Rajnath

"India's defence exports have reached an all-time high of Rs 15,920 crore in FY 2022-2023. It i…

PTI   


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UPI joins the AI bandwagon, offline payments get a push

UPI (Unified Payments Interface) has made payments easier but the endeavour to simplify procedures …

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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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India’s debit card transactions fall but credit card spends rise further

A look at India’s spending pattern in the first half of 2023 (January to June), reveals an interest…

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The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …

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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…