Digital Transaction In India
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UPI Transactions Hit Record Rs 27.28 Lakh Crore In October
Fuelled by festive buying, the transaction through the popular Unified Payments Interface touched a record high of Rs 27.28 lakh crore and 20.7 billion in value and volume terms, respectively, in October, according to data released by the NCPI
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Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
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"India Is Global Powerhouse Of Digital Financial Transactions": PM Modi
India today accounts for around 50 per cent of all digital monetary transactions - including those via UPI, or unified payments interface, applications - in the world, and dominates this space, Prime Minister Narendra Modi said Friday night.
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UPI Adoption In France Drives 40% Surge In Indian Tourists: French Firm
Growing adoption of India's UPI in France has led to a significant increase in the number of Indian tourists visiting the country, according to Christophe Mariette, Chairman of Lyra Network.
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RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
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You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
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NPCI to Increase UPI Per Day, Per Transaction Transfer Limits From September 15
NPCI has increased UPI transaction limits, allowing users to make high-value payments from their phones. The changes will come into effect soon. People will be able to make payments in various categories, like capital markets, insurance, government e-marketplace, travel, and credit card repayments. Now users will be able to send up to Rs. 10,00,000...
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UP Police Station In-Charge Accused Of 'Digital Bribery', Screenshots Viral
In Uttar Pradesh's Pratapgarh, a rare instance of 'digital bribery' has come to the fore, with screenshots of the transactions going viral on social media.
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UPI Sees Record 20 Billion Transactions In August, Valued At Rs 24 Lakh Crore
In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.
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Independence Day 2025: Key Tech Initiatives Like Aadhaar, UPI, DigiLocker, and more That Empower Citizens
In the last decade, India has quietly moved towards the digital sphere. Documents and identity cards are now paperless, health records can be stored on the cloud, and public services are now accessible with the tap of a button. The government’s flagship tech initiatives have reshaped how people interact with the State.
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Airtel Cloud Launched by Xtelify as Gen AI-Ready Cloud Platform for Telecom Businesses
Airtel’s fully-owned subsidiary Xtelify launched a telco-grade cloud platform for telecom businesses on Monday. Dubbed Airtel Cloud, the cloud platform was initially designed to serve the telecom operator’s internal operational requirements and houses all its digital assets and capabilities. It is said to handle 140 crore transactions per minut...
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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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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.
-
UPI Transactions Hit Record Rs 27.28 Lakh Crore In October
Fuelled by festive buying, the transaction through the popular Unified Payments Interface touched a record high of Rs 27.28 lakh crore and 20.7 billion in value and volume terms, respectively, in October, according to data released by the NCPI
-
Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
-
"India Is Global Powerhouse Of Digital Financial Transactions": PM Modi
India today accounts for around 50 per cent of all digital monetary transactions - including those via UPI, or unified payments interface, applications - in the world, and dominates this space, Prime Minister Narendra Modi said Friday night.
-
UPI Adoption In France Drives 40% Surge In Indian Tourists: French Firm
Growing adoption of India's UPI in France has led to a significant increase in the number of Indian tourists visiting the country, according to Christophe Mariette, Chairman of Lyra Network.
-
RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
-
You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
-
NPCI to Increase UPI Per Day, Per Transaction Transfer Limits From September 15
NPCI has increased UPI transaction limits, allowing users to make high-value payments from their phones. The changes will come into effect soon. People will be able to make payments in various categories, like capital markets, insurance, government e-marketplace, travel, and credit card repayments. Now users will be able to send up to Rs. 10,00,000...
-
UP Police Station In-Charge Accused Of 'Digital Bribery', Screenshots Viral
In Uttar Pradesh's Pratapgarh, a rare instance of 'digital bribery' has come to the fore, with screenshots of the transactions going viral on social media.
-
UPI Sees Record 20 Billion Transactions In August, Valued At Rs 24 Lakh Crore
In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.
-
Independence Day 2025: Key Tech Initiatives Like Aadhaar, UPI, DigiLocker, and more That Empower Citizens
In the last decade, India has quietly moved towards the digital sphere. Documents and identity cards are now paperless, health records can be stored on the cloud, and public services are now accessible with the tap of a button. The government’s flagship tech initiatives have reshaped how people interact with the State.
-
Airtel Cloud Launched by Xtelify as Gen AI-Ready Cloud Platform for Telecom Businesses
Airtel’s fully-owned subsidiary Xtelify launched a telco-grade cloud platform for telecom businesses on Monday. Dubbed Airtel Cloud, the cloud platform was initially designed to serve the telecom operator’s internal operational requirements and houses all its digital assets and capabilities. It is said to handle 140 crore transactions per minut...
-
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.
-
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.
