Page 4 - Upi Transactions

The matrix, decoded: How QR codes are transforming payments in India

QR code, the little pixelated square, has changed how India pays or accesses information. Its applications are only limited by imagination

UPI 'collect requests' to end from October: here's how it changes payments

UPI New Rule form October: From October 1, you won't be able to send UPI collect requests to friends or family. Here's why NPCI is stopping the feature and what it means for your day-to-day payments.

UPI 'collect requests' to end from October: here's how it will affect you

The 'collect request' feature allows UPI users to send a payment request to another person, say, to split a dinner bill or remind a friend to return borrowed money

PhonePe tops UPI in July with 8.93 bn transactions, 46% market share

PhonePe processed 8.93 bn UPI transactions in July, ahead of Google Pay's 6.92 bn, as total UPI volume hit a record 19.46 bn worth ₹25.08 tn, NPCI data shows

UPI's top checkout by volume in July: The grocery aisle dominates

NPCI uploads new data points on UPI from time to time. One of the reasons to do that is to provide an ecosystem-level overview to all ecosystem participants, including banks and fintechs

BharatPe to raise funds before IPO, listing not on card in FY26: CEO

BharatPe will raise funds before the initial public offer, but the listing will take place only when market conditions are favourable, a top official of the unicorn fintech firm said. BharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan. "Whatever goals we set for ourselves, we have gone ahead and achieved them...profitability has to remain intact, and thereafter, once the market conditions are right, we will definitely go for an IPO. There will be a pre-IPO funding round, while an IPO is not on the cards for this financial year. Anything beyond that is a fair game, once the market conditions are right," BharatPe CEO Nalin Negi told PTI. The company closed FY25 with a Rs 6 crore adjusted profit before tax (excluding ESOP expense), recovering strongly from a loss of Rs 342 crore in FY24. "We have always believed that demonstrating consistent performance is key to building investor confidence ahead of a potent

Fintech firm BharatPe clocks Rs 6 crore in profitability in FY25

BharatPe reported Rs 6 crore adjusted pre-tax profit in FY25, driven by revenue growth, UPI transactions, NBFC consolidation, and RBI's nod for payment aggregation

We are AI-first: Paytm CEO outlines vision for future of digital payments

Paytm is intensifying its focus on innovation, with artificial intelligence at the core of its efforts to transform the future of digital payments, founder and CEO Vijay Shekhar Sharma said, reaffirming the company's commitment to becoming AI-first. "True to our DNA of innovation and pioneership, we are proud that our AI-led full stack payment solution continues to redefine how millions of merchants accept payments, run their business, and serve their customers. We remain committed to being AI-first, in every product we offer and every process that powers us," he said in his annual letter to shareholders. He further emphasised that Paytm's focus on core payment operations and the continued strengthening of its business fundamentals have set the company on a path toward sustainable growth and profitability. As one of the earliest and most aggressive adopters of AI in India's fintech space, Paytm has embedded this disruptive technology into each product and service journey, including

UPI not free even now, govt subsidising it, says RBI Guv Sanjay Malhotra

Every year, the central government earmarks a certain amount for the promotion of UPI peer-to-merchant (P2M) transactions and RuPay debit card transactions

New UPI rules explained: Here's what they mean for your daily transactions

New UPI rules aim to improve speed and stability of UPI transactions during peak hours

UPI tops Rs 25 trn in July; IMPS transactions rise as FASTag volumes fall

UPI transactions in July climbed to 19.47 bn in volume and Rs 25.08 tn in value, with AePS and IMPS also rising while FASTag saw a dip in both volume and value

ICICI Bank to charge payment aggregators for UPI transactions from August 1

Private lender to charge up to Rs 10 per transaction on PAs; move follows rising infra costs and lack of MDR revenues in fast-growing UPI ecosystem

UPI apps to limit balance checks, autopay from Aug 1: How changes help you

Paytm, PhonePe, Google Pay and other such platforms will also set limits on account view and merchant verification in order to improve overall service

Digital payments cross ₹65,000 cr in volume, ₹12,000 trn in value in 6 yrs

Indian digital payment landscape witnessed over 65,000 crore transactions amounting to more than Rs 12,000 lakh crore in the past six financial years, Parliament was informed on Monday. The government has been closely working with different stakeholders, including the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), fintechs, banks and state governments, to increase the adoption rates of digital payments in the country including in tier-2 and tier-3 cities, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha. RBI has set up a Payments Infrastructure Development Fund (PIDF) in 2021 to encourage deployment of digital payments acceptance infrastructure in tier-3 to 6 cities, North-Eastern States and Jammu & Kashmir, he said. As on May 31, 2025, around 4.77 crore digital touch points have been deployed through PIDF, he said. Replying to another question, Chaudhary said, the New Digital Credit Assessment Model for MSMEs was

UPI payments through biometrics likely soon; PIN may become optional

The National Payments Corporation of India (NPCI) is preparing to roll out this update to UPI, which is expected to enhance security and convenience

Xflow secures in-principle nod for cross-border payment aggregator licence

Fintech Xflow gets RBI's in-principle approval to operate as a payment aggregator for cross-border transactions, aiming to simplify global payments

PayPal to integrate UPI for cross-border payments with global partners

PayPal is partnering with NPCI International and global wallets to enable Indian users to make cross-border payments using UPI, starting with US-based merchants

PayPal partners with NPCI, others to launch cross-border payments platform

PayPal's new global platform will enable UPI-based cross-border payments, backed by partners like Mercado Pago, Tenpay Global and Venmo, with rollout set for later this year

Cash makes a comeback in Bengaluru as vendors ditch UPI amid GST fears

Small vendors across Bengaluru are removing UPI options, citing GST notices, tax demands, and fears of harassment or eviction as reasons for switching back to cash-only transactions

UPI-PayNow: Step-by-step guide to instant India-Singapore remittances

NPCI expands UPI-PayNow linkage, making India-Singapore money transfers faster, cheaper and seamless for users. Here's how to use the service step by step.