RBI may soon make you wait an hour before your UPI transfers goes throughThe Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large trans...
09 Apr, 2026, 07.40 PM IST
UPI achieves nearly 23 billion transactions in March: DFSTransaction through the Unified Payments Interface (UPI) touched a record high of 22.64 billion in volume terms in March. In volume terms, ...
02 Apr, 2026, 06.03 PM IST
UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: GovtUnified Payments Interface transactions have hit a record Rs 230 lakh crore this financial year until December. This digital payment system...
03 Feb, 2026, 03.42 PM IST
Budget 2026: Payment facilitators may push for UPI subsidy hikeAs the government prepares for its next budget, payment system operators are calling for a decisive increase in subsidies for UPI merchant ...
19 Nov, 2025, 12.14 AM IST
NPCI raises UPI transaction limit to Rs 5 lakh for high-value paymentsThe relaxed transaction limit will apply to categories, including insurance, travel, jewellery, and credit card bill payments, among others.
03 Sep, 2025, 10.17 PM IST
UPI transactions rebound in July after June dipThis uptick in value and volume comes amid discussions on the cost of processing UPI transactions. Banks are beginning to levy charges on c...
01 Aug, 2025, 09.03 PM IST
PhonePe logs highest UPI transactions volume in June; GPay, Paytm followPhonePe’s dominance in the space is marked by the 8.55 billion transactions and a total value of Rs 11.99 lakh crore. It held 46.5% of the ...
10 Jul, 2025, 10.23 PM IST
85.5% Indian households posses at least one smartphone, 99.5% youth use UPI: MoSPI surveyA recent survey by MoSPI reveals that over 85% of Indian households now own smartphones, with internet access available within the premises...
29 May, 2025, 10.00 PM IST
NPCI expands AI use to enhance customer safety in digital transactionsNPCI is leveraging Artificial Intelligence and Machine Learning to bolster customer security in digital transactions amidst growing UPI usa...
02 Apr, 2025, 06.17 PM IST
UPI transactions clock more than Rs 20 lakh crore for 5 straight monthsIndia's Unified Payments Interface (UPI) recorded over Rs 20.64 lakh crore in payments in September, marking its fifth consecutive month ab...
01 Oct, 2024, 05.25 PM IST
UPI limit for payments to hospitals and educational services increased to Rs 5 lakh; when is this applicableAccording to information released by the National Payments Corporation of India (NPCI), the Unified Payments Interface (UPI) has surpassed ...
04 Jan, 2024, 01.51 PM IST
MeitY calls for survey to gauge popularity of UPIThe survey would include details such as the average ticket size of payments made through UPI, the geographies in which the adoption of dig...
09 Oct, 2023, 11.39 PM IST
SBI yet to refund Rs 164 cr undue fee charged from Jan Dhan a/c holdersA report by IIT-Mumbai said that during April 2017 to September 2020, SBI had collected over Rs 254 crore towards at least 14 crore UPI/ Ru...
21 Nov, 2021, 03.03 PM IST
Digital payments industry rails against NPCI's 30% cap on third-party UPI appsWalmart-owned PhonePe and Google Pay, which currently dominate the UPI channel with each processing more than 40% of its volumes in October...
09 Nov, 2020, 12.26 PM IST
India allows WhatsApp Pay to go live on UPIThe NPCI’s approval came on the same day it limited the transactions a third-party app like WhatsApp Pay can carry out to 30% of the total ...
06 Nov, 2020, 03.54 PM IST
UPI transactions up 9% month-on-month in July to 822 millionAs per the latest statistics shared by the NPCI, UPI transactions crossed 800 million during the month, up from 754 million in June, after ...
01 Aug, 2019, 05.32 PM IST
Government asks banks to rejig fees to boost e-channelsLast month, the ministry of electronics and information technology asked all banks to have a board-level digital payments committee to prom...
27 Sep, 2017, 10.56 AM IST