Page 3 - Upi

Call for change: UPI Meta plan draws pushback from smaller players

In a joint representation, smaller payment apps urged NPCI to widen consultations, warning the proposed checkout framework could entrench the dominance of larger rivals

Offline UPI payments? UPI may soon work without the internet: How will it work?

India may soon enable offline UPI payments, allowing users to make transactions even without an internet connection on either their phone or the merchant's Point of Sale, or PoS device.

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

Digital payments boost fintech growth; wealth-tech leads profit pool

Sector's earnings jumped 22% in FY25 to ₹1.03 trillion

Agri stocks: Analysts stay selective as rain deficit widens; top picks here

Analysts said concerns over agri stocks are justified due to the rainfall deficit, but suggested investors to stay selective rather than avoid the sector altogether.

Hidden UPI mandates: When a Rs 1 trial becomes a monthly bill | Autopay | Personal Finance

A ₹1 trial for a music streaming app, OTT platform or AI tool can quietly turn into recurring monthly deductions if users approve a UPI AutoPay mandate during sign-up .

Will AI be making UPI payments for you now? Here's how it may work

NPCI is reportedly developing a Unified Agent Protocol (UAP), a proposed framework to verify and authorise AI agents within the UPI ecosystem.

India may allow agentic AI-led UPI transactions under new NPCI protocol

NPCI is developing a Unified Agent Protocol to enable trusted AI agents to make UPI payments, positioning India at the forefront of agentic commerce

PhonePe elevates Srijon Biswas as CTO, co-founder Chari to become CPTO

PhonePe on Wednesday announced the appointment of Srijon Biswas as its Chief Technology Officer (CTO) with immediate effect. Biswas, who has been with the fintech firm for nearly a decade and previously served as the Head of Engineering, will now lead PhonePe's entire engineering organisation. He will continue to report to PhonePe Co-founder Rahul Chari, the company said in a statement. As part of a broader evolution of leadership responsibilities, Chari, who previously served as the CTO, will assume the role of Chief Product and Technology Officer (CPTO) while continuing in his capacity as co-founder. Chari's mandate already covered technology, product, trust and safety, and data sciences and analytics. He has recently added customer experience and artificial intelligence (AI) to his portfolio, alongside leading other strategic initiatives across the PhonePe Group. "As PhonePe continues to expand and grow, strengthening our technology leadership is a natural step. Srijon's ...

Hidden UPI mandates: Here's why a ₹1 trial can cost far more over time

Forgotten UPI AutoPay mandates can trigger recurring debits long after a free trial ends

ToneTag unveils AI banking assistant for millions of small merchants

The voice-enabled platform lets banks deliver services through existing payment devices, aiming to deepen merchant engagement without new infrastructure

NPCI partners HSBC India, JP Morgan Payments for real-time forex settlement

The partnership will enable real-time foreign exchange rates for cross-border UPI payments, allowing users to view the exact rupee amount payable at the point of transaction

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

NPCI ties up with HSBC India, JP Morgan to boost overseas UPI payments

NPCI has partnered with HSBC India and JP Morgan Payments to enable real-time foreign exchange conversion and settlement for international UPI transactions, making overseas payments more transparent

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

BHIM Payments App transaction volumes treble in less than a year

The transaction volumes of the BHIM Payments App more than tripled between June 2025 and May 2026, according to NPCI BHIM Services Limited. Monthly transaction volumes on the app, developed by NPCI BHIM Services Limited, rose from 79.64 million in June 2025 to 244 million in May 2026, a release said on Wednesday. The platform processed transactions worth Rs 26,952 crore in May 2026, it said. In Telangana, BHIM's growth mirrors the broader national trend, with transaction volumes tripling between June 2025 and May 2026. In May 2026, groceries accounted for 23.9 per cent of merchant transactions on the platform in the state, followed by food outlets (18.1 per cent) and quick commerce (11.6 per cent). Lalitha Nataraj, MD and CEO of NBSL, said the strong growth of the BHIM Payments App in Telangana reflected the increasing integration of digital payments into everyday life. "What is particularly encouraging is that this growth is being driven by transactions across categories such as

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's cash paradox: Why UPI's record growth has not reduced cash in circulation | Business News

India's UPI network processes a record number of transactions every month. Yet cash in circulation continues to hit new highs.

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

India leads digital wallet downloads as homegrown apps dominate globally

India recorded over 440 million wallet app downloads in 2025, led by PhonePe and Paytm, but slowing installs and rising UPI transactions show the market is shifting toward deeper usage