Page 2 - Upi Transactions

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

India's UPI expansion continues: Qatar latest to adopt, check full list

Union Minister of Commerce and Industry Piyush Goyal attended the launch of UPI in Doha, Qatar, marking another step in India's growing digital payments expansion abroad

Centre to allow digital payments via biometric authentication from today

Authentications will be done using biometric data stored under the Government of India's unique identification system - Aadhar

Cross-border payments to be PayPal's focus from India perspective

India is becoming an innovator and a leader globally, PayPal CEO says

Unclear guidelines hold back growth of credit line on UPI since launch

Industry sources in the know added that more clarity was required in terms of reporting the use of credit line on UPI to credit bureaus in the country.

UPI transaction down 2% in Sept; IMPS, FASTag, AePS also record decline

UPI transactions fell to 19.63 billion in September though value rose marginally, while IMPS, FASTag, and AePS also recorded declines in both volume and value

No plan to impose any charges on UPI transactions: RBI Guv Malhotra

RBI Governor Sanjay Malhotra said the central bank is not considering imposing any charges on UPI transactions or the platforms

Ignosis raises $4 mn in pre-series A led by Peak XV's Surge, Razorpay

Ignosis, an AA infra and financial data intelligence firm, has raised $4 million led by Peak XV's Surge to scale teams and build AI-driven solutions for India's BFSI sector

Higher adoption of UPI leads to lower cash demand, RBI study shows

The study, authored by the RBI staff, found that UPI volumes are negatively correlated with cash demand, underscoring its role as a substitute for physical currency

New UPI transaction rules from Nov 3: Here's what changes for users, banks

Processes will speed up payments and streamline refunds without altering settlement timelines

UPI's new high-value transaction limits kick in today: Here's what changes

Higher caps will make it easier to pay for insurance, investments, and festive big-ticket spends

NPCI proposes UPI-based cash withdrawals with ₹10,000 cap at BC outlets

NPCI has sought RBI approval to enable UPI-based cash withdrawals of up to ₹10,000 at business correspondent outlets, expanding beyond ATMs and select merchants

UPI to allow insurance, capital markets transactions of up to Rs 10 lakh

Popular digital payments platform will raise transaction limits for various services from September 15

Amazon Pay India CEO bats for balanced MDR to support stakeholders

Bansal emphasised that the structure and rates of MDR should not be arbitrary but carefully crafted through consultation between the regulator and the industry

UPI usage at bars, food joints rises in August; discretionary spending up

While discretionary spending through UPI increases, at the same time, more than 20 million AutoPay mandates continue to be revoked each month, mainly due to insufficient balances