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  US Treasury official commends India's UPI system for cross-border payment leadership

  October 19, 2023 8:14 IST

  Highlighting India's distinct progress, Shambaugh mentioned that India has effectively advanced bilateral links between its Unified Payments Interface system and those of other nations, such as Singapore and the United Arab Emirates.

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  UPI goes global: NPCI inks pact with UAE’s Al Etihad Payments to facilitate cross-border transaction

  World | October 05, 2023 19:02 IST

  The Ministry underscored that the development will facilitate the growth of e-commerce and digital transactions in the UAE, bolster financial inclusion, support the UAE's digitisation agenda, increase alternate payment options, reduce the cost of payments, and enhance the UAE's competitiveness.

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  India's digital payment preference: 42% choose UPI for festive shopping

  Technology | September 25, 2023 17:16 IST

  Over 70 per cent of consumers anticipate online festive shopping events to purchase electronic items. Furthermore, more than 75 per cent of consumers are excited about attractive bank offers and no-cost EMIs, which make their purchases more convenient and rewarding.

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  UPI usage in India hits all-time high, global trends follow: Report

  Technology | September 14, 2023 14:12 IST

  In August, UPI-based payments in India achieved a milestone by surpassing 10 billion monthly transactions for the first time, as reported by the National Payments Corporation of India (NPCI). Monthly transaction counts on UPI reached 10.24 billion, with a net transaction value of Rs 15.18 trillion.

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  'Amazed': Netherlands PM after making payment through UPI at tea stall on Bengaluru's Church Street

  Trending | September 12, 2023 19:38 IST

  The Netherlands and India have wide-ranging economic ties and over 350 Dutch companies do business here, said Netherlands PM.

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  Decoding UPI Lite X: What it is and how It operates

  Technology | September 09, 2023 18:02 IST

  With its ability to facilitate offline transactions, UPI Lite X addresses a critical need for seamless payments in areas with limited connectivity. As the feature undergoes testing, users can anticipate a more inclusive and efficient payment experience soon.

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  India's first UPI ATM: Here's everything you need to know

  Technology | September 07, 2023 13:40 IST

  Presently, the UPI ATM is accessible through the BHIM UPI app, with plans to integrate it into other apps like Google Pay, PhonePe, and Paytm.

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  India's first UPI ATM unveiled! Watch man withdrawing cash without using any card at Mumbai event

  Trending | September 07, 2023 11:54 IST

  In another breakthrough, UPI ATM, showcased at the Global Fintech Fest in Mumbai, allowed cardless cash withdrawals.

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  What is Autopay? Know how it works

  Technology | September 06, 2023 10:03 IST

  Autopay is a game-changer for those looking to simplify their bill payments. With its flexibility and ease of use, it ensures that you never miss a payment again.

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  Tech tips: How to use UPI Lite on GPay, Paytm, and PhonePe

  Technology | September 06, 2023 16:27 IST

  UPI Lite is a better option for those individuals who frequently make small payments. It offers flexibility and convenience, allowing users to add up to Rs 2,000 to their UPI Lite account twice a day, with a daily limit of Rs 4,000.

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  RBI allows pre-sanctioned credit lines through UPI

  Business | September 04, 2023 23:38 IST

  The scope of UPI is now being expanded by the inclusion of credit lines as a funding account, it said in a circular on 'Operation of Pre-Sanctioned Credit Lines at Banks through UPI'.

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  'Initiatives taken to make UPI system available on feature phones', says RBI Governor

  Business | September 02, 2023 20:11 IST

  The UPI was started in September 2016 and then after the growth has been very steady and now it has crossed 10 billion.

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  German minister uses UPI for payment at vegetable shop, hails India's digital success | WATCH

  India | August 20, 2023 20:24 IST

  On August 19, Wissing attended the G20 Digital Ministers Meeting in Bengaluru. On August 18, Wissing arrived in Bengaluru to participate in G20 Digital Ministers Meeting.

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  UPI integration in feature phones: Enhancing financial inclusion and digital payments

  Technology | August 10, 2023 19:00 IST

  The integration of UPI in feature phones has opened up a world of opportunities, enabling individuals from all walks of life to participate in the digital payment ecosystem, while also promoting the concept of digital detox.

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  AI Integration, Higher Transaction Limit, and UPI Lite Focus Planned for UPI- RBI Governor Das

  Technology | August 11, 2023 14:17 IST

  RBI Governor Shaktikanta Das has revealed upgrades to the Unified Payments Interface (UPI) to enhance payment convenience. These upgrades encompass conversational AI for transactions, the facility to use UPI in offline scenarios via UPI Lite, and a transaction limit boost from Rs 200 to Rs 500.

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  File complaints and safeguard data with Sanchar Saathi portal's mobile theft prevention services

  Technology | July 16, 2023 15:52 IST

  The Sanchar Saathi portal offers a crucial feature that allows users to block personal data stored on a lost or stolen smartphone, encompassing sensitive information such as net banking details, UPI IDs, and social media accounts like WhatsApp.

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  RBI, Central Bank of UAE sign MoUs to promote local currencies, link UPI systems

  Business | July 16, 2023 12:37 IST

  The RBI and the Central Bank of UAE have agreed to cooperate on linking unified payments interface (UPI) and Instant Payments Platform (IPP) respectively.

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  India-France agree to use UPI, service to begin from Eiffel Tower: PM Modi in Paris

  India | July 14, 2023 6:23 IST

  PM Modi told the diaspora in Paris that soon Indian tourists will be able to pay in rupees via UPI in Paris. The service will first begin from Eiffel Tower.

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  Google Pay now use Aadhaar-based authentication for UPI activation

  Technology | June 07, 2023 13:24 IST

  With its Aadhaar-based UPI onboarding flow, Google Pay aims to expand the accessibility of UPI IDs, allowing a wider range of users to participate in digital payments. Currently available for customers of supported banks, more banks are expected to join soon.

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  How to save yourself from UPI fraud? Guide

  Technology | May 30, 2023 10:32 IST

  UPI fraud cases have surged in recent years. In 2021-22, there were 84,000 cases, increasing from 77,000 in 2020-21. The fiscal year 2022-23 witnessed over 95,000 cases, nearly doubling within a year.