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UNIFIED PAYMENTS INTERFACE
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...- 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...
- The next 10 years of UPI promise to be bigger and betterNowhere in the world have we witnessed a success story quite like UPI and the credit goes to NPCI, India’s most ambitious fintech
- 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...
- 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 ...
- The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
- Pine Labs to step up agentic commerce investments: CEO Amrish RauPine Labs has developed P3P, an autonomous payment protocol built on the Unified Payments Interface (UPI), under which buyer and seller age...
- 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...
- Navi’s FY26 loss widens fourfold on UPI investments; eyes FY27 profitabilityNavi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....
- Razorpay launches AI model trained on four billion paymentsRazorpay has launched an AI foundation model to enhance online payment success. This advanced system improves fraud detection and payment r...
- Airtel Payments Bank names Shabnam Sinha as chairperson, succeeding Sunil MittalShabnam Sinha will become Airtel Payments Bank chairperson from October 1, 2026. She succeeds Sunil Bharti Mittal, who steps down after ser...
- Independence Day 2026: The road to UPI — India’s payments revolution was centuries in the makingIndia’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...
- Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...
- UPI costs Rs 20,700 crore, government allocation just Rs 2,000 crore: Parliament PanelA parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...
- Karnataka Bandh on August 13, 2026: Are banks open or closed on Thursday? Check bank holiday statusBank customers in Karanata may be wondering whether the statewide bandh will affect their offline banking services. Pro-Kannada organisatio...
- India is scanning more and withdrawing less as digital payments take overIndia’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and...
- Is UPI ending free payments for all users? Here’s what Finance Ministry saysStandard UPI transfers for individuals will remain complimentary, ensuring users can continue making everyday payments without worry. While...
- UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifiesThe finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while con...
- Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
- India paves way for return of merchant fees on digital paymentsIndia has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...
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