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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...
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...
There is a 25% rise in demand for micro-ATMs, and mPOS instruments, and the EMI collections for financial institutions and NBFCs have steep growth of over 200%

Massive rise of 650% in UPI transactions at semi-urban, rural stores

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Digital payments pick up in the country The unified payments interface (UPI) transactions witnessed a meteoric 650 percent rise at the semi-urban and rural stores...
The country crossed 6 billion transactions for the first time last month, logging 6.28 billion transactions worth Rs.10.62 lakh crore

UPI registers record transactions of 657 cr in August worth Rs.10.72 lakh cr

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The growth in UPI volumes is up almost 100% YoY The National Payments Corporation of India (NPCI) data revealed that the Unified Payments Interface (UPI)...
Tata Digital is in talks with the ICICI Bank to power its UPI-based digital payments platform in India

Tata Group to compete with Google Pay, PhonePe, and Paytm with its own UPI...

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Tatas to join the UPI payment club with its own app The company with its presence from Salt-to-Steel is set to keep its foot in...

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