Upi

Eurobank opens India office, enables UPI-based remittance service

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

Learn to manage cybersecurity

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

Stablecoins fail core tests of money; CBDC not risky: Reserve Bank of India

The Reserve Bank of India said stablecoins fail key tests of money and warned that such virtual digital assets pose financial stability and jurisdictional risks

Paytm Payments Bank licence cancelled: What happens to your account, upi transfers & more

The Reserve Bank of India (RBI) has cancelled the licence of Paytm Payments Bank, more than two years after the regulator imposed business curbs on the company over violations,

Time to say goodbye to subsidy for UPI? A case for tiered MDR regime

A time-bound, tiered MDR on large commercial UPI merchants, with small merchants and individuals permanently exempted, is in order, and so is revenue allocated to strengthen infra & rural expansion

Is India's inflation targeting sufficiently capturing the digital economy?

As digital payments reshape consumption patterns, questions arise over whether India's CPI-based inflation targeting adequately reflects real transaction prices in a rapidly evolving economy

Fintechs scale RuPay co-branded cards as UPI credit gains traction

Fintech firms are accelerating co-branded RuPay credit card launches as UPI linkage drives small-ticket credit use, boosts transaction volumes, and deepens integration of credit into everyday digital

RBI proposes 1-hour delay for digital transfers over ₹10,000 to curb frauds | UPI | IMPS

The Reserve Bank of India (RBI) RBI proposes a one-hour delay for digital payments above Rs 10,000, alongside safeguards like trusted authentication and account monitoring,

UPI users resist fees, 75% say they will quit if charged: Report

A decade after its launch, India's flagship payments system faced a moment of pushback, with users signalling they would abandon UPI if charges were introduced

RBI's lagged credit proposal may raise costs, need switch changes

RBI's proposal for lagged credits in digital payments could require switch-level changes, raising costs for UPI ecosystem and banks, industry sources say

Utkarsh 2029: RBI targets digital currency, UPI global expansion drive

RBI unveils medium-term Utkarsh 2029 strategy focusing on CBDC expansion, UPI globalisation, ULI scale-up, and modernising currency management and regulation

Sound, now with a name: Sonic branding was always doing the work

In India, over 10 billion UPI transactions are processed every month, each accompanied by a confirmation sound that has become one of the most widely heard audio cues in everyday life

10 years of UPI: Many records, but limited incentives restrict growth

A decade after launch, UPI dominates digital payments but slowing growth and lack of MDR incentives raise questions over its next phase

UPI QRs grow 15% in 2025 as merchant adoption expands: Worldline report

Growth in QR codes and transaction volumes underscores rising merchant adoption and expanding digital payments ecosystem across India

UPI transactions scale all-time high of Rs 29.52 trillion in March

UPI transactions reached an all-time high of ₹29.52 trillion in March, with strong growth in both volume and value, according to NPCI data

Businesses can pay customs duty via UPI, cards on ICEGATE portal: CBIC

Businesses can now use UPI, debit or credit cards for paying Customs duty on the ICEGATE portal, the Central Board of Indirect Taxes and Customs (CBIC) has said. The CBIC in a circular said ICEGATE e-Payment platform has enabled 'Payment Aggregator' as an authorised mode to facilitate customs duty payment. ICEGATE essentially functions as the digital backbone of Indian customs and acts as an interface through which importers and exporters file documents, track clearances, and discharge duty payments. While the system has evolved significantly over the time, the payment mechanism remained largely anchored to a limited set of authorised banks and conventional channels such as net banking and NEFT/RTGS. "With the rollout of a payment aggregator on ICEGATE, duty payments are no longer confined to specific banking channels. Businesses can now use UPI, debit or credit cards, and access a significantly wider banking network bringing a greater degree of ease and convenience in making paymen

Cred enables Face ID, fingerprint authentication for UPI payments

Cred introduces biometric authentication for UPI payments, allowing users to use Face ID or fingerprints instead of PINs for added security and convenience

Explained: New digital payments rules | UPI payment | Online payment | Card payment | RBI

India’s digital payments system will see tighter security from April 1, 2026, with the Reserve Bank of India (RBI) making two-factor authentication (2FA) compulsory for all transactions.

New ATM rules from April 1: What changes and what it means for you

From April 1, 2026, major banks like HDFC Bank, PNB, and Bandhan Bank are changing ATM rules. UPI withdrawals will now count toward limits, daily caps are being cut, and fees may kick in faster.

BHIM targets 5% share to break into top five, challenge UPI duopoly

According to the latest data, BHIM currently holds a 0.86 per cent share of UPI transactions