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IMF Lists UPI As World's Largest Real-Time Payment System
The International Monetary Fund (IMF) has recognised India's Unified Payments Interface (UPI) as the world's largest retail fast-payment system by transaction volume, the Parliament was informed on Monday.
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RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
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PhonePe Partners With OpenAI to Integrate ChatGPT Within the UPI App
PhonePe and OpenAI announced a strategic partnership on Thursday. The Indian Unified Payments Interface (UPI) platform will be integrating the San Francisco-based artificial intelligence (AI) giant’s technology within its platform. PhonePe highlighted that the move will improve the user experience on its platform and can help them make better and...
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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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Samsung Wallet Updated With UPI Onboarding and Support for Biometric Payments
Samsung has announced new updates to its Samsung Wallet in India. Now, the platform allows users to set up Unified Payments Interface (UPI) during the initial setup of their new Galaxy device. It also brings biometric authentication, eliminating the need for a PIN. The update brings improved Tap and Pay support in the country. The digital wallet no...
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UPI Transactions Rise To Rs 94,000 Crore Daily In October
The Unified Payments Interface is witnessing a festive season boom, with the average daily transaction value in October jumping 13 per cent over September to reach Rs 94,000 crore, according to data from the National Payments Corporation of India.
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"Big Win For India, UPI, Aadhaar Models Used In Many Nations": Ashwini Vaishnaw At NDTV World Summit
Union IT and Railways Minister Ashwini Vaishnaw has said that India's digital architectures are being endorsed and embraced globally, with at least 13 countries adopting the Unified Payments Interface (UPI).
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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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UPI Now Accepted In Qatar, Qatar Duty Free Becomes First Merchant
NPCI International Payments Ltd, in partnership with Qatar National Bank, has enabled the acceptance of QR code-based Unified Payments Interface across Qatar via point-of-sale terminals for merchants acquired by QNB
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How To Make UPI Payments Abroad: A Comprehensive User Guide
With strategic partnerships across countries, UPI is steadily expanding its footprint in international markets.
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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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PM Modi Says 50% Of Total Real Time Transactions Done Through UPI
Prime Minister Narendra Modi on Friday highlighted the success of home-grown Unified Payments Interface (UPI), stating that UPI alone accounts for 50 per cent of real-time transactions in the world.
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From UPI Rules To Trading Hours: Key Financial Changes From August 1
NPCI is set to implement a set of changes to the Unified Payments Interface (UPI) from August 1, 2025.
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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.
![Gadgets 360 With Technical Guruji: News of the Week [November 9, 2024]](https://c.ndtvimg.com/2024-11/c7asifsg_news-of-the-week_160x120_09_November_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [November 9, 2024]")
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IMF Lists UPI As World's Largest Real-Time Payment System
The International Monetary Fund (IMF) has recognised India's Unified Payments Interface (UPI) as the world's largest retail fast-payment system by transaction volume, the Parliament was informed on Monday.
-
RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
-
PhonePe Partners With OpenAI to Integrate ChatGPT Within the UPI App
PhonePe and OpenAI announced a strategic partnership on Thursday. The Indian Unified Payments Interface (UPI) platform will be integrating the San Francisco-based artificial intelligence (AI) giant’s technology within its platform. PhonePe highlighted that the move will improve the user experience on its platform and can help them make better and...
-
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
-
Samsung Wallet Updated With UPI Onboarding and Support for Biometric Payments
Samsung has announced new updates to its Samsung Wallet in India. Now, the platform allows users to set up Unified Payments Interface (UPI) during the initial setup of their new Galaxy device. It also brings biometric authentication, eliminating the need for a PIN. The update brings improved Tap and Pay support in the country. The digital wallet no...
-
UPI Transactions Rise To Rs 94,000 Crore Daily In October
The Unified Payments Interface is witnessing a festive season boom, with the average daily transaction value in October jumping 13 per cent over September to reach Rs 94,000 crore, according to data from the National Payments Corporation of India.
-
"Big Win For India, UPI, Aadhaar Models Used In Many Nations": Ashwini Vaishnaw At NDTV World Summit
Union IT and Railways Minister Ashwini Vaishnaw has said that India's digital architectures are being endorsed and embraced globally, with at least 13 countries adopting the Unified Payments Interface (UPI).
-
"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.
-
UPI Now Accepted In Qatar, Qatar Duty Free Becomes First Merchant
NPCI International Payments Ltd, in partnership with Qatar National Bank, has enabled the acceptance of QR code-based Unified Payments Interface across Qatar via point-of-sale terminals for merchants acquired by QNB
-
How To Make UPI Payments Abroad: A Comprehensive User Guide
With strategic partnerships across countries, UPI is steadily expanding its footprint in international markets.
-
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.
-
PM Modi Says 50% Of Total Real Time Transactions Done Through UPI
Prime Minister Narendra Modi on Friday highlighted the success of home-grown Unified Payments Interface (UPI), stating that UPI alone accounts for 50 per cent of real-time transactions in the world.
-
From UPI Rules To Trading Hours: Key Financial Changes From August 1
NPCI is set to implement a set of changes to the Unified Payments Interface (UPI) from August 1, 2025.
-
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.
