Page 2 - Upi Transactions

India in talks with 7-8 countries to extend UPI services: DFS secretary

India plans to expand UPI to 7-8 more countries by next year as DFS says the goal is to prioritise Middle East and East Asia, even as banking health strengthens and insurance remains a key focus

Paytm posts ₹21 crore profit, revenue from ops grows 24% in Q2FY26

This compares with a profit of Rs 928 crore in Q2FY25, which was boosted by an exceptional gain from the sale of its movie ticketing and events business to Zomato

UPI transactions surge to record ₹27.28 trillion in October festive rush

Fuelled by festive buying, the transaction through the popular Unified Payments Interface (UPI) touched a record high of Rs 27.28 lakh crore and 20.7 billion in value and volume terms, respectively, in October, according to data released by the National Payments Corporation of India (NPCI). In terms of value, the last highest recorded was Rs 25.14 lakh crore in May, while in terms of volume, the last high was 19.47 billion in July. NPCI said the value of transactions was at Rs 27.28 lakh crore in October against Rs 23.49 lakh crore in the same month a year ago, registering a 16 per cent growth on an annual basis. On a month-on-month basis, the growth was 9.5 per cent in terms of value. The UPI transaction in value terms was Rs 24.90 lakh crore, while volume was 19.63 billion. The average daily transaction in October was 668 million with an average value of Rs 87,993 crore during the festival month. "The steady rise in UPI volumes, particularly during high-traffic periods like Diwa

Festival season brings UPI boom, transactions hit record Rs 27 trn in Oct

Volume was up by 5 per cent and value by 10 per cent in October versus September this year

Bride's father wears QR code shirt to receive cash gifts at Kerala wedding

A father replaced the traditional gift envelopes with technology at his daughter's wedding - wearing a Paytm QR code on his shirt so guests could send their blessings digitally

Time to go global for India's fintech after UPI success? What experts say

In a panel discussion titled 'Post-UPI, Indian payments players look abroad' at Business Standard's BFSI Summit, fintech leaders expressed their views on what's next after technology like UPI matures

RBI flags geopolitical tensions as key risk to cross-border payments

The RBI's latest Payments System Report warns that geopolitical tensions could disrupt global payment systems, even as India's digital payments and UPI transactions surge

UPI accounts for 85% of payment volumes: RBI's payment system report

RTGS, mainly used for high-value transfers, had largest share of transaction value in H1CY25

Japan to accept UPI soon, making payments easier for Indian tourists

Indian tourists visiting Japan will soon be able to pay with UPI, making shopping, dining, and travel more convenient without cash or forex cards.

RBI initiatives helping cross-border trade, payments: Governor Malhotra

RBI Governor Sanjay Malhotra said linking UPI with global fast payment systems and building sovereign platforms will boost cross-border trade, improve efficiency, and lower costs

NTT Data partners with NPCI to enable UPI payments for Indians in Japan

The partnership marks UPI's first entry into an East Asian market and aims to make digital transactions easier for Indian tourists while boosting Japan's cashless economy

Zero MDR on UPI challenging sustainability of system: CareEdge Research

The report said that UPI is well positioned to consolidate its role as the backbone of India's payments landscape on the back of interoperability and a conducive regulatory environment

Explained: How digital payments are fuelling India's economic growth

Govt plans to introduce biometric authentication for UPI payments, but what exactly is a digital payment system and why is it important for the Indian economy?

India, UK can set benchmarks for inclusion, trust: RBI Governor Malhotra

RBI Governor Sanjay Malhotra says collaboration between India and the UK can drive innovation, inclusion, and trust in digital finance beyond bilateral benefits

India among most technologically inclusive societies: Modi at Fintech Fest

Speaking at the Global Fintech Fest in Mumbai, Prime Minister Narendra Modi said India is witnessing around 20 billion transactions worth ₹25 lakh crore through UPI every month

UPI payment failures? How a backup ID can help you pay without hassle

Backup UPI ID can reduce payment failures, save time, and ensure smoother transactions. Here's how to create it.

CotoPay launches India's First e-RUPI Voucher Issuance Stack for Businesses

Powered by NPCI's e-RUPI platform, CotoPay is here to reimagine expense management for businesses with UPI Vouchers!

RBI launches four UPI initiatives at Global Fintech Festival 2025

New fintech features at Global Fintech Fest 2025 enhance UPI payments, bank interoperability, and seamless credit usage

Credit on UPI can transform financial access for underserved borrowers

The experience of UPI offers valuable lessons on how Clou can evolve into a truly inclusive credit system

UPI is going biometric: Use face or fingerprints to make transactions

Central bank plans to introduce Aadhaar-based face and fingerprint authentication for popular digital platform