Page 6 - Upi Transactions

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.

Explicit consent: Online's new era may shift power from apps to users

For years, the tech industry has operated on a model of "implied consent"

India now makes fastest payments globally, driven by UPI: IMF note

UPI now processes more than 18 billion transactions per month and dominates other electronic retail payments in India, the note said

Players on the payments turf: UPI, AePS, PPIs boost digital outreach

UPI and AePs together have changed India's payments landscape. AePS's playing field is rural and semi-urban India

Smart devices to be next bastion for UPI with IoT-ready payment system

NPCI builds Internet of Things rails as UPI targets 10x growth

UPI leads digital shift as 48% MSMEs use it for business transactions

A new report shows nearly half of MSMEs now prefer UPI for transactions, highlighting a major shift towards digital tools to boost efficiency and income across small businesses

UPI transaction volume dips 1.5% in June, after record rise in May

After reaching a record high in May, UPI transactions dropped in volume and value in June 2025, with IMPS, FASTag and AePS data also showing month-on-month declines

Quitting UPI apps helped me control my spending, says Sania Mirza's sister

Fashion entrepreneur Anam Mirza, sister of tennis star Sania Mirza, says deleting UPI apps like Google Pay helped her become more mindful of her spending

Govt, UPI apps to lay real-time digital tripwire for every payment tap

Extra layers of scrutiny to guard the digitally unversed

NPCI's new rules speed up UPI: How it impacts your daily transactions

Banks and payment service providers asked to cut response times for key processes so that payment service's quality improves

UPI to get faster from today; Daily caps on usage roll out from July 31

NPCI reduces UPI API turnaround times to 10 seconds; limits on balance checks, account listings, and autopay retries to be enforced across apps by end-July

Baseless, false: Finance Ministry denies reports of fee on UPI transactions

"The Government remains fully committed to promoting digital payments via UPI," the finance ministry said

Sebi mandates verified '@valid' UPI handles to tackle payment fraud

Sebi has made it mandatory for intermediaries to adopt '@valid' UPI handles from October 1 to protect investors from fraud, with added verification tools and safeguards

Sebi to launch UPI authentication tool for safer securities transactions

To curb cyber fraud, market regulator Sebi has mandated a new Unified Payments Interface ID format for all registered intermediaries collecting investor funds

UPI numbers hit all-time high in May, cross ₹25 trn for the first time

The previous record was in March 2025, when it clocked 18.3 billion in volume and ₹24.77 trillion in value