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The Reserve Bank of India (RBI) has announced that it will soon revise the transaction limits for Unified Payments Interface (UPI) payments made to merchants, also known as person-to-merchant (P2M) transactions. This move is aimed at enhancing the ef

As of January 2024, the Unified Payments Interface (UPI) had over 452 million active users in India.

UPI, established by the National Payments Corporation of India (NPCI) in 2016, is the dominant payment platform in India, processing over 75% of the country's retail digital payments.

UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged

To further expand UPI internationally, the union government and the Reserve Bank of India (RBI) are reportedly in discussions with global digital payment giant Ant International to link its cross-border digital payment, Alipay+, with UPI. As per a R

The National Payments Corporation of India (NPCI) is developing UPI 3.0, an upgrade to its UPI that will enable payments through smart devices. The new system will be Internet of Things (loT) -enabled, allowing automated transactions via devices such

✅NPCI quietly building India’s next big fintech leap. After UPI changed payments, they’re now enabling asset tokenisation, turning real estate, gold & invoices into digital tokens. It solves a big problem: liquidity. Now, assets can be fractionally

If this is true, it can be a game-changer for millions of Indians—making international payments simpler, faster, and UPI-enabled! 🌍

I really want to see the UPI option on all international payment gateways. I also believe UPI payments are much safer than using cards. I’m saying this after joining many Telegram groups 😂.