Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...
UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
RBI building more digital payments intelligence platforms to empower users: EDThe Reserve Bank of India is building advanced digital platforms. These platforms will use artificial intelligence and APIs to improve cust...
How instant UPI apps change small-value payment habitsThe rise of instant UPI apps has revolutionized small-value transactions, eliminating the struggle for exact change and streamlining checko...
UPI transactions hit record high of 19.47 bn in July; NPCI limits balance check to 50/dayUPI transactions in India hit a record high of 19.47 billion in July, valued at Rs 25.08 lakh crore, signaling a shift towards digital paym...
New UPI rules from August 1, 2025: These new payment guidelines could affect your daily transactions from todayNew UPI rules: To improve UPI transaction efficiency, NPCI is introducing new guidelines effective August 1, 2025. These include capping ba...
New UPI rules from August 1: Daily balance checks, autopay & API usage now regulated, here’s how Paytm, PhonePe, GPay users will be impactedNPCI has issued additional set of guidelines to be adhered by UPI ecosystem members that includes limiting balance enquiry requests to regu...
UPI transactions are faster as NPCI speeds up UPI online payment time to 10-15 seconds: How this impacts GPay, PhonePe, Paytm UPI usersUPI Online Payment: Starting June 16, 2025, UPI transactions will become faster due to NPCI's software update, significantly reducing API r...
UPI transactions to face charges? Finance Ministry issues clarificationThe Finance Ministry on Wednesday dismissed reports suggesting MDR charges on large UPI transactions, calling them false and misleading. Re...
These UPI transactions will face restrictions from August 1, as NPCI introduces new API rules to prevent outagesStarting August 1, 2025, NPCI is regulating UPI API usage, limiting balance inquiries to 50 per app daily and restricting autopay mandates ...
Make UPI transactions faster soon: Thanks to this move by NPCI these transactions to be processed 50% fasterStarting June 16, 2025, UPI transactions are set to become faster, with completion times reduced to as low as 15 seconds. NPCI's mandate ai...
Limit usage of non-financial requests to UPI: NPCI to banksNPCI has directed banks to limit non-financial UPI transaction checks and audit systems annually, after outages in March-April caused netwo...
NPCI attributes UPI outage to excessive API calls; plans preventive measuresThe third such incident in two weeks was traced back to certain PSP banks repeatedly sending requests, including for older transactions, wi...
NPCI curbs unauthorised use of UPI IDs by fintech companiesNPCI has shot off a letter to banks and fintechs asking them to refrain from using the UPI system for any form of service other than paymen...
Pine Labs-owned Setu partners Axis Bank for UPI-focused payments platformPine Labs' Setu has launched UPISetu, a UPI-focused payments platform in collaboration with Axis Bank. The platform supports diverse paymen...
Leveraging APIs to power innovation in paymentsLeading banks are joining forces with Fintech API players to offer a more inclusive and digital payments and banking experience to their cu...
BHIM app: 'A technology ecosystem for the poor'You may not remember this mobile app in some years as much as you’ll remember the digital payment ecosystem that Bharat Interface for Money...