Digital Payments
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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…
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Social Media
PhonePe Introduces Affordable Dengue and Malaria Insurance at ₹59/Year
Users can purchase, manage, and file claims directly through the PhonePe app. The claims process is fully digital, ensuring faster…
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Business
Internationalization of UPI progressing rapidly: RBI
The internationalization of the unified payments interface (UPI) is progressing rapidly, as India emerges as a world leader in leveraging…
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Business
UPI sets new record with 16.58 billion transactions worth Rs 23.5 lakh crore in Oct
According to data shared by the National Payments Corporation of India (NPCI) on Friday, October saw a 10 per cent…
