Page 4 - Upi Transactions

Digital payments need a sustainable funding model for future growth

The Lok Sabha's tax amendment Bill opens the door for future UPI merchant charges, reigniting the debate on funding India's fast-growing digital payments ecosystem

UPI fee proposal could complicate quick commerce's rapid expansion

The proposal to levy a fee on UPI transactions could put quick commerce in the slow lane

'Someone has to pay': RBI Governor on proposal to levy MDR on UPI payment

RBI Governor Sanjay Malhotra says digital payment infrastructure has costs as the Union government weighs bringing back MDR on high-value UPI merchant transactions

UPI clocks record monthly volume as July transactions rise 4.1% to 23.66 bn

Transaction volume rose 4.1 per cent from June and 22 per cent year-on-year as everyday digital payments and growing adoption beyond metropolitan markets supported growth

NPCI plans to mask phone numbers on UPI apps to boost user privacy

Following privacy concerns, NPCI has asked UPI apps to hide phone numbers and make username-based payment IDs the default for new users

What is NPCI's UPI Meta plan that has smaller payment apps concerned?

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

Offline payment push: Innovation must include stronger consumer protection

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

Decoded: How offline UPI can keep digital payments running without internet

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

Soon, tap & pay offline via UPI: To work where internet isn't available

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

Stockbrokers, dealers leading recipients of UPI transactions, shows data

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

611 million UPI transactions authenticated using biometrics in June

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

UPI volumes ease after record May; value falls to ₹28.92 trillion

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

72% women entrepreneurs use UPI, but only 37% invest in tech tools: Study

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

RBI aligns prudential norms for UPI-linked credit lines with base loans

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

Prime borrowers emerge as key users of Credit Line on UPI: Suryoday SFB

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

India expands UPI footprint with launch at France's Galeries Lafayette

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 3.0 | PF via UPI: When and how much can you withdraw?

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?

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

Why India's UPI boom has not stopped cash in circulation from rising

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 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.