UPI

India is reportedly in talks to link UPI with Alipay+, a global payments platform operated by Ant International. The move could allow Indian users to make cross-border payments more easily

A moderation in UPI growth is worrying industry players, who warn that low incentives and lack of monetisation could slow expansion of India's digital payments ecosystem

The talks between Indian government and central bank officials and Singapore-based Ant International, which was founded by China's fintech giant Ant Group

Budget stays silent on MDR, industry to pursue bid in coming months

UPI transactions rose marginally in January, with volumes at 21.7 billion and value touching ₹28.3 trillion, underscoring steady momentum in India's digital payments ecosystem despite month-on-month m

Transactions through the popular Unified Payments Interface (UPI) touched a record Rs 28.33 lakh crore and 21.70 billion in value and volume terms, respectively, in January, according to data released by the National Payments Corporation of India (NPCI). NPCI said the value of transactions was at Rs 27.97 lakh crore in December. On a month-on-month basis, the growth was 21 per cent in value terms. The average daily transaction in January was 700 million with an average value of Rs 91,4033 crore. Worldline CEO Ramesh Narasimhan said, "UPI's growth momentum continues to strengthen. In January 2026 alone, Indians made 21.7 billion UPI transactions worth Rs 28.33 lakh crore -- an increase over December and a solid 28 per cent growth year-on-year.

With thin margins in the UPI era, Indian fintechs are looking overseas, betting on cross-border payments, CBDCs, and new digital rails for sustainable growth

As fintech shifts to devices, AI, IoT, and on-device intelligence are transforming payments, lending, and fraud control, making devices central to the next phase of banking

Japan will trial India's UPI in 2026, allowing Indian tourists to make QR code payments directly from their Indian bank accounts while travelling

Shares of Paytm fell 9.53 per cent to ₹1,140.75 on BSE on Friday

NPCI-BHIM is in talks with the Archaeological Survey of India (ASI) to enable BHIM UPI payments at all cultural heritage sites for booking tickets at the counter, a top official said on Wednesday. While currently the facility is available for online bookings on ASI portal, in order to further promote BHIM-UPI for such bookings, incentives in form of cashbacks are also being mulled, the official said adding that an announcement on this is expected shortly. Thereafter, the facility for payment through BHIM UPI QR code would be provided at the booking counters at the heritage sites, so visitors can make payments smoothly.At present, physical counters only accept cash payments and do not offer digital payment options. "We are trying to see how we can incentivise customers for buying tickets at Archaeological Survey of India sites. We are working with many of these entities including metros, to see how customers can be benefited from the transactions that they do with such merchants, NBS

The proposed system promises quicker access to EPF money, with limits

World Wide Web inventor Sir Tim Berners-Lee said India could benefit from adopting SoLiD, a digital data platform designed to give users greater control over how their personal data is shared

From demonetisation to the UPI boom, India's payments landscape has shifted decisively from cash to clicks, with digital modes now dominating both volume and value

Bank will integrate NBSL's bank plugins to host latest UPI features and upgrades on its app, aiming to improve security and scalability while lowering the cost of maintaining an independent interface

Nagaraju further said UPI transactions crossed more than 21 billion in December 2025, underlining the rapid adoption of digital payments in the country

The value of digital gold was recorded at ₹2,079.31 crore across 183.32 million transactions in December

India's UPI processed a record 21.63 billion transactions worth ₹27.97 trillion in December, helping the platform close 2025 with its strongest-ever annual volumes and values

NPCI approved 13 third-party UPI apps in 2025, with five limited to closed user groups, as tighter due diligence and new safety controls followed an April system outage, sources said

NTSL will not be a section 8 company which is similar to the other three subsidiary structures that NPCI currently has