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Unified Payments Interface (UPI)

UPI transactions rises 8% to 16.73 bn in Dec: NPCI data

In November, the UPI transaction count was 15.48 billionNew Delhi: Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8 per cent over the preceding month, according to data...

NPCI extends market cap deadline for UPI apps for another two years till 2026

This is the third time that the NPCI has extended the deadlineNew Delhi: In a relief to major players like PhonePe and Google Pay, NPCI has extended the deadline for implementing a 30 per cent volume cap on third-party...

India launches UPI payments at world-renowned Galeries Lafayette in Paris

In February, India formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Modi’s “vision of taking UPI global”New Delhi: India has launched the Unified Payments Interface (UPI) at Paris' historic department store Galeries...
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