Digital Payments
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India
RBI issues guidelines on authentication mechanisms for digital payment transactions
The Reserve Bank of India (RBI) on Thursday released draft guidelines on the authentication mechanism framework for digital payment transaction…
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Business
NPCI enables UPI acceptance across Qatar in tie-up with Qatar National Bank
NPCI International Payments Limited (NIPL), a subsidiary of the National Payments Corporation of India, on Wednesday said that it has…
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Business
Festive demand, policy changes drove UPI to record high in August: Report
India’s real-time digital payment system Unified Payments Interface (UPI) recorded 20.01 billion transactions in August 2025, fuelled primarily by festive…
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Business
Real-Money Games ban affects: Payment gateways may face Rs 3,0000 crore hit in transaction volumes
The annual revenue growth of payment gateway firms operating in India is expected to dip by as much as 15…
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Telangana
Telangana Ranks 4th in UPI Transactions, Records ₹1.26 Lakh Crore in July
Telangana recorded 1.26 lakh crores worth of UPI transactions at the 4th position in the nation with 791 million transactions…
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Business
Will UPI Remain Free Forever? Govt’s Big Clarification Amid Record Transactions
There is no proposal to impose transaction charges on unified payments interface (UPI) based digital payments, the government reiterated on…
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Business
UPI transactions surge 114 pc in 8 fiscals, digital payments up 41 pc: Minister
UPI transactions grew from 92 crore in FY 2017-18 to 18,587 crore in FY 2024-25, with a CAGR of 114…
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Business
Daily UPI-based transactions surpass 700 million for first time
The daily unified payments interface (UPI)-based transactions have crossed 700 million for the first time, touching 707 million, according to…
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India
New UPI rules to limit balance checks, auto-pay timings and more from Aug 1
Starting August 1, using UPI will come with a set of new rules aimed at improving transaction speed, reducing system…
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Hyderabad
Good News for Hyderabad Residents: RTC Buses to Now Reach Residential Colonies Too!
Telangana Transport Minister Ponnam Prabhakar visited the Musheerabad RTC Depot to inspect the implementation of digital payment technology in Telangana…
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Business
UPI Transactions Over ₹3,000 to Face Charges? Here’s What We Know
As UPI (Unified Payments Interface) continues to dominate digital transactions across India, reports suggest that the central government is considering…
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Telangana
Telangana’s T-Wallet Marks 8 Years, Driving Digital Payments Across the State
Since its inception during the 2016 demonetization period, T-Wallet has registered 16 lakh users and processed over four crore transactions…
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Business
UPI Transactions to Get 50% Faster from June 16: NPCI Issues New Guidelines
Starting UPI (Unified Payments Interface) transactions in India are set to become significantly faster. The National Payments Corporation of India…
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Business
PhonePe Launches UPI Circle Feature to Simplify Digital Payments
In a move to make digital payments more inclusive and user-friendly, fintech giant PhonePe has launched its latest feature —…
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Business
Mobile Payments in India Jump 41% in July–December 2024: Worldline Report
India’s digital payments ecosystem continued its rapid growth in the second half of 2024, as mobile phone-based payments surged by…
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Hyderabad
Hyderabad: Soiled Currency Note Business Fades in City as Digital Payments Take Over
“People are now using UPI for almost every transaction. There’s barely any cash in use, so naturally, there's no exchange…
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Business
UPI Services: From April 1, These Numbers Will Be Deactivated – What Users Need to Do!
Starting April 1, 2025, UPI (Unified Payments Interface) services linked to inactive or reassigned mobile numbers will be deactivated, as…
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Business
UPI’s Share in India’s Digital Payments Soars to 83%: A Remarkable Surge, Says RBI Report
"UPI's share in India's digital payments has surged to 83%, according to the latest RBI report. The platform's growth reflects…
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Business
PhonePe Celebrates Mahakumbh Mela with Rs 144 Flat Cashback Offer
PhonePe has launched an extensive campaign surrounding the ongoing Mahakumbh Mela in Prayagraj. The campaign features the ‘MahaKumbh Ka MahaShagun’…
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Business
UPI transactions value up 8 pc to Rs 23.25 lakh cr in Dec, surges 35 pc in 2024
In a fresh record, the unified payments interface (UPI) transactions witnessed 8 per cent growth (on-month) in volume reaching 16.73…