Digital Payments In India
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How India's UPI Is Revolutionising Global Digital Payments, Explained Simply
India's UPI has become a global leader in fast payments, handling over 640 million transactions daily and powering nearly 50% of all real-time digital payments worldwide.
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Indian Users Can Now Use UPI On Foreign Land, Sites Via PayPal World
In a major boost to cross-border digital payments, Indian users will now be able to use the Unified Payments Interface (UPI) to make payments internationally through PayPal.
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India's UPI Revolution Powers 50% Of World's Digital Payments
India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).
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10 Lakh Indians To Receive Free AI Training, Focus On Village Entrepreneurs
At least 10 lakh citizens will receive free training in artificial intelligence (AI) thanks to Common Service Centres, which falls under the Ministry of Electronics and Information Technology.
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India Now Makes Faster Payments Than Any Other Country: IMF Note On UPI
India now makes faster payments than any other country with the quick growth of UPI, and the usage of other instruments, including debit and credit cards, is on the decline, according to an IMF note.
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UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
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Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
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PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
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Watch: Tourist Asks "Why Nobody Has Change In India?" Internet Responds
Travel vlogger Lee Veu shared the clip from the streets of Agra, near the Taj Mahal, where he found himself waiting for change after a purchase.
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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
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UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
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Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
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"UPI, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
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UPI's Share In India's Digital Payments Surged To 83%: RBI Report
The share of the Unified Payments Interface in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR of 74 per cent over the last five years, according a RBI report.
-
How India's UPI Is Revolutionising Global Digital Payments, Explained Simply
India's UPI has become a global leader in fast payments, handling over 640 million transactions daily and powering nearly 50% of all real-time digital payments worldwide.
-
Indian Users Can Now Use UPI On Foreign Land, Sites Via PayPal World
In a major boost to cross-border digital payments, Indian users will now be able to use the Unified Payments Interface (UPI) to make payments internationally through PayPal.
-
India's UPI Revolution Powers 50% Of World's Digital Payments
India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).
-
10 Lakh Indians To Receive Free AI Training, Focus On Village Entrepreneurs
At least 10 lakh citizens will receive free training in artificial intelligence (AI) thanks to Common Service Centres, which falls under the Ministry of Electronics and Information Technology.
-
India Now Makes Faster Payments Than Any Other Country: IMF Note On UPI
India now makes faster payments than any other country with the quick growth of UPI, and the usage of other instruments, including debit and credit cards, is on the decline, according to an IMF note.
-
UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
-
Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
-
No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
-
PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
-
Watch: Tourist Asks "Why Nobody Has Change In India?" Internet Responds
Travel vlogger Lee Veu shared the clip from the streets of Agra, near the Taj Mahal, where he found himself waiting for change after a purchase.
-
UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
-
UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
-
Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
-
"UPI, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
-
UPI's Share In India's Digital Payments Surged To 83%: RBI Report
The share of the Unified Payments Interface in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR of 74 per cent over the last five years, according a RBI report.
