Skydo co-founder Movin Jain says fintechs together account for only 1-2% of the market, making category creation a bigger priority than com...

India's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit qual...

Alipay+'s proposal to link with India's payment system faces national security concerns. Concerns also exist regarding the storage and use ...

India has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the ...

Despite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-...

India's Unified Payments Interface (UPI) system is now instrumental in aiding Nepal's disaster relief fund donations. Donors in India can a...

While leading payment companies have launched such frameworks in the U.S., Europe, Singapore and Australia, a rollout on the popular Unifie...

India's UPI processed transactions near record highs in August, reaching ₹29.8 lakh crore. The platform handled a fresh record of 24.51 bil...

As of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the valid...

NPCI International Payments Ltd. and Uzbekistan's HUMO have signed a commercial agreement. Indian travellers can now use UPI-enabled apps t...

PhonePe has unveiled UPI 123Pay, a new service for feature phone users that enables seamless transactions without an internet connection. T...

PhonePe has launched a UPI app for feature phones, allowing users to make payments without mobile data. The SMS-based PhonePe UPI 123Pay co...

New rules mandate Indian Standard Time as the single national reference. These rules will come into force 180 days after their official gaz...

UPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...

The 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 ...

The Bharatiya Janata Party criticised the Congress for its past doubts about the Unified Payments Interface. This digital payment system ha...

Prime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...