UPI

The voice-enabled platform lets banks deliver services through existing payment devices, aiming to deepen merchant engagement without new infrastructure

The partnership will enable real-time foreign exchange rates for cross-border UPI payments, allowing users to view the exact rupee amount payable at the point of transaction

Volumes decline 2% from May's record high, though both value and transaction count remain sharply higher than a year ago

NPCI has partnered with HSBC India and JP Morgan Payments to enable real-time foreign exchange conversion and settlement for international UPI transactions, making overseas payments more transparent

UPI adoption is rising among women entrepreneurs, but their digital finance journey is also expanding into credit, investments and tech

The transaction volumes of the BHIM Payments App more than tripled between June 2025 and May 2026, according to NPCI BHIM Services Limited. Monthly transaction volumes on the app, developed by NPCI BHIM Services Limited, rose from 79.64 million in June 2025 to 244 million in May 2026, a release said on Wednesday. The platform processed transactions worth Rs 26,952 crore in May 2026, it said. In Telangana, BHIM's growth mirrors the broader national trend, with transaction volumes tripling between June 2025 and May 2026. In May 2026, groceries accounted for 23.9 per cent of merchant transactions on the platform in the state, followed by food outlets (18.1 per cent) and quick commerce (11.6 per cent). Lalitha Nataraj, MD and CEO of NBSL, said the strong growth of the BHIM Payments App in Telangana reflected the increasing integration of digital payments into everyday life. "What is particularly encouraging is that this growth is being driven by transactions across categories such as

Suryoday SFB launched its Credit on UPI product in August 2025 in partnership with Paytm

India's UPI network processes a record number of transactions every month. Yet cash in circulation continues to hit new highs.

Foreign Secretary Vikram Misri said that the UPI is already available in several localities in France, including at the Eiffel Tower

India recorded over 440 million wallet app downloads in 2025, led by PhonePe and Paytm, but slowing installs and rising UPI transactions show the market is shifting toward deeper usage

Pine Labs has launched an agentic payments protocol for UPI transactions, with CEO Amrish Rau calling for India-led standards in autonomous commerce

India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism on June 6 to enhance convenience for travellers and businesses across both countries, the finance ministry said on Thursday. The newly operationalised system establishes a direct link between India's Unified Payments Interface (UPI) and Nepal's National Payments Interface (NPI), and enables citizens of both nations to make real-time money transfers directly via mobile banking applications and digital wallets. "The UPI-NPI linkage represents a major advancement in financial inclusion, fostering stronger economic and digital ties between India and Nepal. This aligns perfectly with regional goals for accessible, safe, and affordable cross-border payments, reinforcing longstanding social and economic bonds," the ministry said in a statement. The technical integration was executed via collaboration between NPCI International Payments Limited (NIPL), the international arm of the National Payments ...

India is working to standardise government data definitions and classifications to improve interoperability and enable more effective AI applications

The payments major is expanding into cybersecurity, analytics, AI and loyalty services as it seeks new growth avenues beyond its traditional payments network business

Indian travellers can use UPI apps at over 4.5 million merchant outlets in Cambodia, while Cambodian visitors will gain access to UPI-enabled payments in India in the next phase

NPCI International Payments is exploring bilateral UPI linkages with Indonesia, Thailand and Malaysia to expand the global footprint of India's payments network

UPI transactions touched a record ₹29.90 trillion in May while volumes rose to an all-time high of 23.20 billion, underscoring the continued expansion of India's digital payments ecosystem.

Central bank is exploring transaction delays, broader customer controls and a kill switch mechanism as digital payment frauds continue to rise in value

In this session, Nidhi Srivastava, CEO, DigiArmorX, ex-Deutsche Bank, talks on cybersecurity, scope for MBAs and others.

The Athens-headquartered lender will become the first European bank to enable cross-border remittances to India through the UPI framework