Upi

PM Modi, Macron discuss expansion of UPI in France: Foreign Secy Misri

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

India leads digital wallet downloads as homegrown apps dominate globally

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

India shouldn't look to West for agentic payment protocols: Pine Labs CEO

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

India, Nepal launch cross-border remittance mechanism; links UPI, NPI

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 ...

Centre working on common definitions to make data AI-ready: MoSPI secy

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

Mastercard expands value-added services push amid UPI dominance

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

UPI expands international presence to Cambodia through KHQR linkage

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

South-East Asian markets on UPI radar as NPCI pushes global expansion

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 scale fresh peak in May; value rises to ₹29.90 trillion

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.

RBI weighs adding 'frictions' to digital payments to tackle online fraud

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

Learn to manage cybersecurity

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

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

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