UPI Archives - Page 2 of 2

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,...

PGurus Newsdesk - April 17, 2023 0

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...

FM Nirmala Sitharaman said that India is setting the global benchmarks on the digital front and that it will be able to face geopolitical and economic uncertainties

Economy

Technology transformation main reason behind good governance in India: Nirmala Sitharaman

PGurus Newsdesk - October 14, 2022 0

FM Sitharaman speaks on economy revival to India's Digital payment interfaces at John Hopkins in Washington Finance Minister Nirmala Sitharaman on Thursday underlined the significance...

The country crossed 6 billion transactions for the first time last month, logging 6.28 billion transactions worth Rs.10.62 lakh crore

Banking

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

PGurus Newsdesk - September 1, 2022 0

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)...

With the MoU between NPCI International and Lyra Network, Indian tourists will be able to make seamless payments during their travel to France

Banking

India, France sign MoU; UPI, Rupay cards soon to be accepted...

PGurus Newsdesk - June 17, 2022 1

UPI, Rupay cards brace for European entry In a major development, the National Payments Corporation of India's (NPCI) international arm has signed a memorandum of...

The real-time payments helped India unlock $16.4 billion of additional economic output in 2021, equivalent to 0.56 per cent of formal GDP

Banking

At 48 billion, India accounts for largest number of real-time transactions...

PGurus Newsdesk - April 26, 2022 1

India surges ahead as the world's leader in real-time payments boosting economic growth: ACI Worldwide report According to the third edition of Prime Time for...

The new rules will come into effect from May 1, 2022

Investing

SEBI revises UPI payment limit for individual investors in IPOs

PGurus Newsdesk - April 6, 2022 0

SEBI raises investment limit via UPI to Rs.5 lakh for individual investors The Securities and Exchange Board of India (SEBI) has revised upwards the size...

Move comes after the NPCI approved increasing the user cap for WhatsApp's payment service from the current 20 million to 40 million users

Business

WhatsApp Pay looks forward to accelerate growth in India over next...

PGurus Newsdesk - November 30, 2021 0

WhatsApp Pay plans significant investments in next 6 months WhatsApp India on Tuesday said that over the next six months, it will make notable investments...