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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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Keir Starmer Looks To India For Example On UK Plan For Digital ID
Keir Starmer spoke with Infosys Ltd. co-founder Nandan Nilekani, who is widely credited with implementing India's Unique ID Card in 2009, on Wednesday as part of his two-day visit to Mumbai.
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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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How To Save Money On Train Tickets In India Using UPI And The IRCTC App
The cheapest train tickets are hidden in plain sight. The trick is knowing how to use UPI and the IRCTC app the right way.
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PayPal Partners With NPCI, Others to Build Cross-Border Payments Platform Focused on Interoperability
PayPal on Wednesday announced a partnership with National Payments Corporation of India (NPCI) International Payments Limited and other global payment systems to build a new platform that will support cross-border transactions. Dubbed PayPal World, it will be a technology-agnostic platform that connects to all partnering payment systems. The San Jo...
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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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How Non-Resident Indians Can Use UPI With Foreign Mobile Numbers
UPI Payments For Foreigners: UPI is an instant payment system developed by the NPCI that allows users to make payments in seconds.
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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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Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
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PhonePe Launches ‘Made in India’ SmartSpeaker With 4G Support and Extended Battery Life
Walmart-backed PhonePe announced its ‘Made in India’ SmartSpeaker for merchants on Monday. It is a wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system via real-time audio alerts. The device comes with a built-in speaker and is available in up to 21 language options.
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PM Modi Offers Linking UPI With Payment Systems Of BIMSTEC Nations
Seeking to impart fresh impetus to the BIMSTEC grouping, Prime Minister Narendra Modi on Friday proposed linking India's UPI with the payment systems of the member nations, a move that could boost trade, business and tourism within the region.
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UPI Services Restored, "System Stabilised" After Technical Glitch
UPI Services were restored for users on Wednesday following an outage that affected several UPI users across India.
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From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
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
-
Keir Starmer Looks To India For Example On UK Plan For Digital ID
Keir Starmer spoke with Infosys Ltd. co-founder Nandan Nilekani, who is widely credited with implementing India's Unique ID Card in 2009, on Wednesday as part of his two-day visit to Mumbai.
-
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...
-
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...
-
How To Save Money On Train Tickets In India Using UPI And The IRCTC App
The cheapest train tickets are hidden in plain sight. The trick is knowing how to use UPI and the IRCTC app the right way.
-
PayPal Partners With NPCI, Others to Build Cross-Border Payments Platform Focused on Interoperability
PayPal on Wednesday announced a partnership with National Payments Corporation of India (NPCI) International Payments Limited and other global payment systems to build a new platform that will support cross-border transactions. Dubbed PayPal World, it will be a technology-agnostic platform that connects to all partnering payment systems. The San Jo...
-
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.
-
How Non-Resident Indians Can Use UPI With Foreign Mobile Numbers
UPI Payments For Foreigners: UPI is an instant payment system developed by the NPCI that allows users to make payments in seconds.
-
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.
-
Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
-
PhonePe Launches ‘Made in India’ SmartSpeaker With 4G Support and Extended Battery Life
Walmart-backed PhonePe announced its ‘Made in India’ SmartSpeaker for merchants on Monday. It is a wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system via real-time audio alerts. The device comes with a built-in speaker and is available in up to 21 language options.
-
PM Modi Offers Linking UPI With Payment Systems Of BIMSTEC Nations
Seeking to impart fresh impetus to the BIMSTEC grouping, Prime Minister Narendra Modi on Friday proposed linking India's UPI with the payment systems of the member nations, a move that could boost trade, business and tourism within the region.
-
UPI Services Restored, "System Stabilised" After Technical Glitch
UPI Services were restored for users on Wednesday following an outage that affected several UPI users across India.
-
From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
