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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

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 😂.

The Rise of Digital Payments in India India's digital payments landscape has witnessed a remarkable transformation in recent years, driven by government initiatives, technological advancements, and changing consumer behavior. The country's large popu

🇮🇳 India Leads the World in Digital Payments! 💥 In FY25, UPI (Unified Payments Interface) recorded a staggering ➡️ 185.8 billion transactions ➡️ Accounting for 83.4% of the total digital payment volume This isn’t just a metro-city story — it’s h

UPI on Credit? PhonePe’s Boldest Bet Yet In partnership with HDFC Bank and NPCI, the card is powered by Rupay and allows UPI payments through credit. NPCI had enabled this back in 2022, but PhonePe had to wait almost ten months to get RBI approval.