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DIGITAL PAYMENTS SYSTEM
Festive surge drives UPI near record ₹29.8 lakh crore milestone across 24.5 billion transactionsIndia's UPI processed transactions near record highs in August, reaching ₹29.8 lakh crore. The platform handled a fresh record of 24.51 bil...01 Sep, 2026, 12.33 PM IST- New trade rules raise compliance worries for banks over cross-border paymentsAs of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the valid...01 Sep, 2026, 01.25 AM IST
- NIPL and Uzbekistan's HUMO sign agreement enabling Indian travelers' seamless transactionsNPCI International Payments Ltd. and Uzbekistan's HUMO have signed a commercial agreement. Indian travellers can now use UPI-enabled apps t...31 Aug, 2026, 05.52 PM IST
- No smartphone, no internet, no problem: PhonePe launches UPI 123Pay to let 200 million+ feature phone users make digital payments; here’s how it worksPhonePe has unveiled UPI 123Pay, a new service for feature phone users that enables seamless transactions without an internet connection. T...31 Aug, 2026, 03.47 PM IST
- PhonePe launches UPI payments for feature phones on 123PayPhonePe has launched a UPI app for feature phones, allowing users to make payments without mobile data. The SMS-based PhonePe UPI 123Pay co...31 Aug, 2026, 12.08 PM IST
- India mandates IST as common time reference; gives 180-day window for complianceNew rules mandate Indian Standard Time as the single national reference. These rules will come into force 180 days after their official gaz...30 Aug, 2026, 06.04 PM IST
- Govt tightens fertiliser tracking, links farmer purchases to land recordsIndia's government is enhancing a digital platform for fertilizer tracking. This system will link farmer purchases to land records and moni...30 Aug, 2026, 05.48 PM IST
- UPI’s market share expands more at debit, credit cards’ expenseUPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...29 Aug, 2026, 11.44 PM IST
- India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...29 Aug, 2026, 05.31 AM IST
- Opinion: The problem with a threshold-based MDRThe ongoing discussions around UPI pricing are shifting towards ensuring system financing while still promoting widespread adoption. Consum...26 Aug, 2026, 05.45 PM IST
- RBI working to give banknotes in your pocket a longer lease on lifeThe RBI is exploring ways to extend the life of banknotes, including surface coatings and polymer notes for lower denominations, Deputy Gov...26 Aug, 2026, 01.01 PM IST
- Fastest-growing India has scale, growth and a young population, Sitharaman tells Canadian investorsFinance Minister Nirmala Sitharaman urged Canadian investors to tap India’s fast-growing economy, highlighting its scale, young population,...26 Aug, 2026, 11.49 AM IST
- Golgappa and vegetable sellers far intelligent than Rahul Gandhi: BJP attacks Congress for 'mocking' UPIThe Bharatiya Janata Party criticised the Congress for its past doubts about the Unified Payments Interface. This digital payment system ha...25 Aug, 2026, 05.05 PM IST
- UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...25 Aug, 2026, 04.17 PM IST
- UPI completes 10 years: PM Modi calls it a major turning point for India’s digital paymentsPrime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...25 Aug, 2026, 09.54 AM IST
- UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...24 Aug, 2026, 03.39 PM IST
- Cross-border payments, India’s global UPI push in focus at GFF 2026The seventh edition of the Global Fintech Fest (GFF) 2026 to be held in Mumbai from September 8 to 11, will bring together policymakers, ce...20 Aug, 2026, 10.04 PM IST
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