UPI Transactions

Smaller UPI apps have urged NPCI to reconsider UPI Meta, warning the proposed one-click checkout feature could further strengthen PhonePe and Google Pay's dominance

NPCI's offline NFC-based UPI can expand digital payments and financial inclusion, but robust security, fraud safeguards and strong consumer protection must underpin its rollout

NPCI is developing an offline UPI system that could enable NFC-based merchant payments without internet connectivity, using secure tokens and deferred settlement

This opens up use-cases such as payments on flights and underground trains

UPI payments to securities brokers surged 38.5% by value in June, while digital gold transactions jumped sharply, according to NPCI data

More than 611 million UPI transactions worth Rs 25,416 crore were authenticated using biometrics in June, reflecting rising adoption of fingerprint and facial recognition

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

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

Central bank says prudential treatment of payment-linked credit facilities will depend on the nature of the underlying loan, irrespective of delivery mode

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

India on Tuesday launched Unified Payments Interface (UPI) at Galeries Lafayette, a famous department store in Nice, France. Launching the UPI, Commerce and Industry Minister Piyush Goyal said it will further strengthen the economic and technological ties between India and France, reflecting the growing depth and ambition of our strategic partnership. In 2024, UPI was launched at the Eiffel Tower in Paris. "Delighted to launch UPI at the iconic Galeries Lafayette, Nice Massena, France. Bringing India's world-class digital payments platform to one of France's premier retail destinations marks another significant step in UPI's global expansion. With the participation of Lyra Collect and NIPL, this initiative showcases India's ability to deliver trusted, seamless, and interoperable digital solutions at scale," he said in a social media post. Galeries Lafayette Nice Massena is the Nice branch of the famous French department store chain Galeries Lafayette. It is located in the heart of

EPFO is preparing its biggest digital upgrade yet. Soon, provident fund withdrawals could happen through UPI and even ATMs. But how much money can you withdraw? Is the system live already?

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

India's digital payments revolution is accelerating, but cash continues to grow as households and businesses use currency for savings, reserves and informal activity

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

Rising incomes, digital adoption, and UPI-linked RuPay cards are accelerating credit card usage in smaller cities, according to SBI Card's latest report

But while UPI dominates daily transactions, the report reveals another striking trend: debit cards are rapidly fading from active payment behaviour even though they still account for the bulk of cards

Scale in digital public infra can now support broader economic outcomes, with UPI transactions offering a timely, contextual view

Company will instead focus on existing model of credit distribution, in partnership with other lenders