PhonePe clarifies inactivity fees apply solely to its prepaid wallet, not linked bank accounts or UPI transactions. Users receiving notific...

India's unique relationship with technology, where smartphones serve as the sole device for millions, positions it as a crucial testing gro...

Digital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 m...

PhonePe is now charging a Rs 100 quarterly fee for inactive wallets. This fee applies if users have not made any financial transactions thr...

Employees' Provident Fund interest rate for 2025-26 is set at 8.25 percent. This rate remains unchanged for the third year. Over 70 million...

IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fe...

India's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthe...

India's government warehouses hold record rice stocks, up 15% from last year. Wheat inventories are at a five-year peak. These abundant res...

India's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital pay...

Responding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major econ...

The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...

The P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agen...

Maharashtra CM Devendra Fadnavis dismissed economic slowdown fears, stating India can repay 94% of foreign debt in a day and has reserves f...

Many Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...

India and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...

Indian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...

Unified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...