Digital Payments
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World
Indian travellers to soon pay via UPI in Malaysia
In a big step towards taking India’s digital payment innovation global, Razorpay on Thursday announced that Indian travellers will soon…
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Business
UPI transactions in India jump 35 pc in H1 2025, touch Rs 143 lakh crore: Report
India’s Unified Payments Interface (UPI) continues to dominate the country’s digital payments landscape, with transactions surging 35 per cent year-on-year…
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India
Traffic e-challan payments made easier in Gujarat, now pay fines via Google Pay, PhonePe, BHIM
In a move to simplify the payment of traffic e-challan fines, the Gujarat government has introduced a new facility allowing…
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Business
UPI clocks highest ever single-day payments of Rs 1.02 lakh crore as GST rate cuts spur demand
Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs…
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Business
Paytm takes spotlight in Tony Kakkar’s new song track ‘Coca Cola 2’
Popular singer-composer Tony Kakkar has made an unexpected nod to India’s payments app Paytm, in his latest chart-topping song track…
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India
Schools must try to collect fees via UPI, digital modes: Union Education Ministry
Aiming to align educational administration with the government's broader goal of digital transformation, the Ministry of Education is encouraging schools…
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Business
PhonePe unveils next-gen SmartSpeaker with integrated card payments
PhonePe has unveiled its next-gen SmartSpeaker -- the PhonePe SmartPOD -- designed to meet the evolving payment needs of both…
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India
UPI reaches 500 million consumers, 65 million merchants, says report
With over 500 million consumers and 65 million merchants, unified payments interface (UPI) has evolved from a digital payment platform…
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Business
PhonePe Payment Gateway, Mastercard to launch ecosystem-wide device tokenisation
PhonePe Payment Gateway (PhonePe PG) on Tuesday announced a strategic collaboration with Mastercard, a global technology company in the payments…
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Business
PayPal partners with NPCI International to bring UPI on global platform ‘PayPal World’
In a major step towards strengthening cross-border digital payments, PayPal and NPCI International Payments Limited (NIPL) on Tuesday announced a…
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Business
Global Fintech Fest: FM Sitharaman unveils foreign currency settlement system in GIFT City
With an aim to boost international trade, investment, and ease of doing business, Finance Minister Nirmala Sitharaman on Tuesday unveiled…
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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…
