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Massive surge in Digital payments in Ayodhya as city gears up for Shri Ram Mandir consecration ceremony

Ayodhya sees a massive surge in digital payments as city gears up for Shri...

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From boatmen to flower/ prasad sellers, digital payments witnessed a meteoric rise in Ayodhya As the ancient holy city of Ayodhya prepares to welcome thousands...
Monthly transaction count on UPI crossed 10.24 billion with a net transaction value of Rs.15.18 trillion

UPI-based payments cross 10 bn monthly transactions in August for 1st time

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All-time high! Number of UPI transactions hit new record Of 10 billion in August The Unified Payments Interface (UPI)-based payments crossed 10 billion monthly transactions...
The volume of QR code payments in the Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028

Pioneered by India, QR payments to grow 590% in Southeast Asia by 2028

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India leads in QR payments, expected to rise by 590% in Southeast Asia by 2028 Pioneered by India, QR Code payments to grow more than...
The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will further deepen financial connectivity

RBI inks pact with Nepal Rastra Bank for UPI link

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Integration of the fast payment systems aims to facilitate cross-border remittances between India and Nepal The Reserve Bank of India (RBI) and Nepal Rastra Bank...
As per NPCI data, the number of UPI transactions each day in December was over 387 million

UPI transactions surpass 100 bn mark in 2023: NPCI

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UPI transactions skyrocket; surpasses 100 billion mark in 2023 with 60% growth Transactions via the unified payments interface (UPI) platform surpassed the 100 billion mark...
PM Narendra Modi holds a discussion with Sri Lankan President Ranil Wickremesinghe over a wide range of issues

Chinese ship was the center of discussion with the Sri Lankan President on July...

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PGURUS scoop was discussed by PM Narendra Modi PM Modi, Sri Lankan President Ranil Wickremesinghe hold talks PGURUS scoop of Chinese Spy Ship in Hambantota was...
The MoUs were signed by RBI Governor Shaktikanta Das and the Governor of the Central Bank of UAE, Khaled Mohamed Balama

India, UAE sign MoU to begin trade settlement in their currencies

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RBI, Central Bank of UAE sign MoUs on promoting local currencies, interlinking payment systems On Saturday, Prime Minister Narendra Modi held talks with UAE President...
In 2022, UPI clocked over 74.05 billion transactions in volume and Rs.126 trillion in terms of value

India saw 88 billion payment transactions worth Rs.150 trillion in 2022, UPI leads

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People prefer UPI Person-to-Merchant & Person-to-Person with market shares of 40% and 44% respectively Led by Unified payments interface (UPI), payment modes like debit and...
PM Modi along with his Singaporean counterpart Lee Hsien Loong witnessed the launch of cross-border connectivity between the UPI and PayNow of Singapore

Digital transactions to soon exceed cash in India: PM Narendra Modi

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Digital wallet to beat cash volumes Prime Minister Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash with Unified Payments Interface...
Government's push toward digital payments have also been a major factor in the growth of UPI transactions

UPI-based transactions see a substantial surge; hit record 8.03 bn in Jan at Rs.13...

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This milestone proves that India is now firmly on the path to becoming a digital-first economy In January the Unified Payments Interface (UPI)-based transactions hit...

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