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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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No More CIBIL Checks? New Credit Initiative Promises Faster Loans, Wider Access
The Unified Lending Interface (ULI) is a digital platform designed to simplify lending by integrating technology, data, and policy, enabling faster and more inclusive credit delivery.
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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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Digital India Has Become A "People's Movement": Nirmala Sitharaman
Digital India has not remained a mere government programme but has also become a people's movement, Finance Minister Nirmala Sitharaman said on Tuesday. In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat'.
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"50% Of World's Digital Transactions Take Place In India Through UPI": PM Modi In Cyprus
The digital transformation has been a game-changer for the country, promoting financial inclusion and innovation, PM Modi said.
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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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Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
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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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South Korea’s Central Bank to Start CBDC Trials for Real-World Transactions: Reports
South Korea is set to begin testing the Digital Won CBDC for real-world transactions in April, according to local reports citing the Bank of Korea (BoK). The programme will evaluate blockchain technology’s role in finance while allowing the BoK to assess its potential for reshaping the country’s fintech ecosystem.
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To Curb Fraud, Banks May Soon Call You From Numbers Starting With These Digits
The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.
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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.
-
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).
-
No More CIBIL Checks? New Credit Initiative Promises Faster Loans, Wider Access
The Unified Lending Interface (ULI) is a digital platform designed to simplify lending by integrating technology, data, and policy, enabling faster and more inclusive credit delivery.
-
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.
-
Digital India Has Become A "People's Movement": Nirmala Sitharaman
Digital India has not remained a mere government programme but has also become a people's movement, Finance Minister Nirmala Sitharaman said on Tuesday. In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat'.
-
"50% Of World's Digital Transactions Take Place In India Through UPI": PM Modi In Cyprus
The digital transformation has been a game-changer for the country, promoting financial inclusion and innovation, PM Modi said.
-
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".
-
Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
-
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.
-
South Korea’s Central Bank to Start CBDC Trials for Real-World Transactions: Reports
South Korea is set to begin testing the Digital Won CBDC for real-world transactions in April, according to local reports citing the Bank of Korea (BoK). The programme will evaluate blockchain technology’s role in finance while allowing the BoK to assess its potential for reshaping the country’s fintech ecosystem.
-
To Curb Fraud, Banks May Soon Call You From Numbers Starting With These Digits
The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.
