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Mahendra Lochhab

Content creator • 1y

The Reserve Bank of India (RBI) and NPCI International Payments (NIPL) plan to extend the Unified Payments Interface (UPI) to 20 countries by the FY29.

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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

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Mahendra Lochhab

Content creator • 1y

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

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Mahendra Lochhab

Content creator • 5m

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.

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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

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Shuvodip Ray

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

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✅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

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Shuvodip Ray

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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 😂.

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