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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.

Indians can use PhonePe UPI payments in Sri Lanka. It has been officially launched in the country. PhonePe collaborates with LankaPay.

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

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

Google Pay now charges 0.5% to 1% (plus GST) for bill payments made via credit and debit cards, while UPI bank transfers remain free. Competitors like PhonePe and Paytm also charge similar fees. Fintech firms face high UPI processing costs, totaling

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

Top News of the Day: 1. Vidyut, a startup specializing in financing commercial electric vehicles (EVs), has expanded its services to include the reselling of three-wheeler EVs. 2. European regulators are taking action against big technology compani

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