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.
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
See More
0 replies15 likes
Mahendra Lochhab
Content creatorย โขย 9m
As of January 2024, the Unified Payments Interface (UPI) had over 452 million active users in India.
0 replies3 likes
Mahendra Lochhab
Content creatorย โขย 2m
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.
๐จ Indians in Qatar now can be able to make payments via UPI as NIPL has signed an agreement with QNB.
X - Indian tech guide
3 replies7 likes
Shuvodip Ray
Never compromise wit...ย โขย 2m
I really want to see the UPI option on all international payment gateways. I also believe UPI payments are much safer than using cards. Iโm saying this after joining many Telegram groups ๐.
2 replies7 likes
Gyananjaya Behera
Helping an Idea to S...ย โขย 11m
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
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
Brief History of RBI
The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934.
Initially, the RBI took over the functions of the Controller of
See More
2 replies10 likes
Chamarti Sreekar
Passionate about Pos...ย โขย 3m
NPCI, the name behind UPI & RuPay, plans to take its brand recognition to new heights in 2025! ๐
Key updates:
๐ Big push for rural UPI adoption with Pankaj Tripathi as ambassador
๐ณ RuPay gears up to challenge global giants
๐บ IPL sponsorship & di
See More
1 replies6 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 1y
Paytm shareholders are ignoring this? ๐๐
The fintech giant was the only UPI app to be making money on UPI. And now thatโs no more possible.
Here's all you should know!
..
The thing is, NPCI (via Govt grants) compensates the banks to up keep the