RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
21 Apr, 2026, 06.57 PM IST
From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
11 Apr, 2026, 02.44 PM IST
Digital onboarding to ease KYC for foreigners using UPI for paymentsThe National Payments Corporation of India (NPCI) is in the final leg of simplifying the KYC process for its UPI One World service, which i...
03 Mar, 2026, 10.35 AM IST
RBI unveils four digital payments initiativesThe RBI has launched four digital payment initiatives at the Global Fintech Fest to enhance customer convenience. These include AI-based UP...
09 Oct, 2025, 12.44 AM IST
FM Nirmala Sitharaman asks NPCI to address infrastructure gaps to prevent future disruption of UPIFinance Minister Nirmala Sitharaman urged stakeholders to address UPI infrastructure gaps, aiming for one billion daily transactions in 2-3...
28 Apr, 2025, 10.57 PM IST
Cashfree Payments’ UPI Switch to help small businesses reduce risk and create space for innovationThe tool allows merchants to access new UPI versions and features as they are launched, along with improved fraud prevention capabilities.
30 Oct, 2024, 11.38 AM IST
Paytm charts plan to drive profitability post RBI debacle; co to 'aggressively' acquire UPI customersPaytm reported a consolidated profit of Rs 928.3 crore for the quarter ended September 2024, largely due to a one-time gain in its ticketin...
22 Oct, 2024, 11.37 AM IST
Cashfree receives NPCI certification for its own UPI switchCashfree can offer settlement of around 12,000 transactions per second with this certification. Cashfree has built this switch in partnersh...
15 Oct, 2024, 04.27 PM IST
HDFC Bank onboards 1 lakh customers and 1.7 lakh merchants on CBDC platformPrivate lender HDFC Bank on Thursday said it has onboarded over 1 lakh customers and 1.7 lakh merchants under the Central Bank digital curr...
13 Jul, 2023, 01.03 PM IST
Payment gateways still charge for UPI, RuPayAccording to banking sources, the Central Board of Direct Taxes has directed query to payment service providers on their position with rega...
13 Jan, 2021, 10.16 AM IST
Soon, you can pay via UPI all over the worldThe NPCI is working to enable this feature within next 6 months, starting with UAE and Singapore, sources said.
24 Oct, 2019, 07.23 PM IST
UPI just became easier for small companiesNPCI has said that these small merchants will have a ₹50,000 per month limit and the acquirer is not allowed to charge anything to the merc...
20 Jun, 2019, 08.08 AM IST
Small payment companies look to cash in on digital pay boomA clutch of small payment entities like Trupay and Benow are trying to take retail cash payments digital.
16 Jan, 2018, 08.24 AM IST
Payment gateway services provider PayU joins UPIIn less than three months, it has grown much more as compared to the growth of its wallet business in the first year as far as transaction ...
31 Jul, 2017, 10.40 AM IST
Hike, Yes Bank tie up for UPI paymentsThe partners have claimed that this is the first time in India that a large mobile chat platform has embedded a payments solution in its ap...
21 Jun, 2017, 03.05 PM IST
Banks guard digital payments turf from private m-wallet companiesBanks are offering gift vouchers, Rs cashbacks' and big-ticket gifts like cars to lure more customers to their digital platforms.
06 Jan, 2017, 02.21 PM IST
Banks wake up to digital reality, chase small vendorsSince UPI allows direct transfer of funds within bank accounts, it is seen scoring over mobile wallets.
25 Nov, 2016, 01.23 AM IST