Upi Payments Data

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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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  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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  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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  [Explained] How OpenAI, NPCI Tie-Up Will Soon Let You Make UPI Payments on ChatGPT

  Razorpay, in partnership with OpenAI and NPCI, has announced agentic AI-powered UPI payments on ChatGPT. The pilot project will let users place and pay for grocery orders via chat using AI agents that connect to UPI and vendor systems. While the feature promises convenience, experts highlight privacy and data security concerns.

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  How to Use Biometric Authentication for UPI Payments in India: A Step-by-Step Guide

  NPCI and RBI announced biometric and wearable glass-based authentication for UPI in India. Users can now verify payments via fingerprint or face unlock instead of a PIN, with Aadhaar-linked data and an initial Rs. 5,000 limit. The system aims to enhance convenience and security, especially for seniors. However, experts caution against accidental pa...

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  Navi UPI Unveils Biometric-Based Payments for iOS, Android at Global Fintech Festival 2025

  Navi UPI has introduced biometric authentication and a simplified onboarding process in India, claiming to be the first UPI app to offer biometric payments at scale. Users can now authorise transactions via fingerprint or facial recognition, eliminating the need for a PIN. The system uses secure, OS-native technology, keeping data on-device and enh...

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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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  Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows

  Digital payment frauds in India saw a 400 percent jump in the year ended March 2024, according to the Reserve Bank of India's (RBI) annual report. Data from the central bank shows that the value of transactions on UPI jumped 137% in the past two years to 200 trillion rupees, while the rise in online transactions is also boosted by cheap access to t...

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  UPI Payments Cross Rs 11 Lakh Crore Milestone In September

  Payment through Unified Payments Interface (UPI) has crossed a milestone of Rs 11 lakh crore in September, as per the data released by National Payments Corporation of India (NPCI).

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  UPI Daily Transactions Expected to Cross 1 Billion-Mark in Next 5 Years: Nirmala Sitharaman

  The Unified Payments Interface-based transaction is expected to reach one billion per day in the next five years, stated Union Finance Minister Nirmala Sitharaman on Tuesday while addressing an event. She stated that the data released by NPCI shows that UPI reported 6.28 billion transactions worth Rs. 10.62 trillion (nearly Rs. 11,00,000 crore) in ...

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  PM Modi Lauds India In Pixels For Explaining Digital Payments, UPI

  Prime Minister Narendra Modi on Wednesday appreciated India in Pixels (IIP) for conveying the point of digital payments and Unified Payments Interface (UPI) through the sound of money transacted through data sonification.

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  PM Modi's Shoutout For 'Sound Of Money' With A Digital Twist

  The animated infographic created by India in Pixels, a data storytelling channel, showcased the impressive growth of digital transactions via the Unified Payments Interface or UPI system launched in 2016.

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  PhonePe Continues to Take on the Competition in UPI App Ecosystem With Over 46 Percent Share: NPCI

  PhonePe has broadened the gap for platforms including Google Pay and Amazon Pay by expanding its market share to 46.04 percent in June, the data released by the National Payments Corporation of India (NPCI) has shown. WhatsApp Pay, on the other hand, has continued its marginal share of 0.02 percent.

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  WhatsApp UPI Transaction Volume Declined in January, PhonePe Continues to Lead the Market: NPCI Data

  WhatsApp received negative growth in terms of Unified Payments Interface (UPI) transactions in January, according to the data released by National Payments Corporation of India (NPCI). PhonePe, however, continued to lead the market among UPI apps with over 41 percent share.

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  WhatsApp Asked by Supreme Court to Reply on Petition for Non-Sharing of UPI Data With Facebook, Third Parties

  WhatsApp has been asked by the Supreme Court to file response on a plea seeking a direction to the RBI and the National Payments Corporation of India (NPCI) to ensure that data collected on Unified Payments Interface (UPI) platforms is not shared with their parent companies or any third party.