Unified Payments Interface (UPI): News
11 Apr 2024
Reserve Bank Of India (RBI)Cross-platform transactions for UPI wallets: What RBI's new rules entail
The Reserve Bank of India (RBI) recently introduced new regulations that allow users of prepaid payment instruments (PPIs) to conduct transactions via any Unified Payments Interface (UPI) app.
05 Apr 2024
Reserve Bank Of India (RBI)RBI makes cash deposits possible using UPI: Here's how
The Reserve Bank of India (RBI) has launched a new feature allowing customers to deposit cash into their bank accounts using the Unified Payments Interface (UPI) at cash deposit machines (CDMs).
03 Apr 2024
National Payments Corporation of IndiaRuPay credit card users can request EMIs via UPI app
The National Payments Corporation of India (NPCI) has announced new updates for the RuPay credit card on the Unified Payments Interface (UPI) platform.
01 Apr 2024
National Payments Corporation of IndiaPhonePe users can now pay using UPI in UAE
PhonePe, a prominent digital payment platform, has extended its services to the United Arab Emirates (UAE).
20 Mar 2024
Narendra ModiIndia will lead world in AI capabilities: PM Modi
Prime Minister Narendra Modi on Wednesday said that India is set to become a global frontrunner in the field of Artificial Intelligence (AI).
18 Mar 2024
WhatsAppWhatsApp working on feature to scan UPI QR codes
WhatsApp is rolling out an exciting new feature in its latest beta update for Android, version 2.24.7.3, available via the Google Play Beta Program.
08 Mar 2024
NepalYou can now use UPI to make payments in Nepal
The National Payments Corporation of India (NPCI) has announced that the Unified Payment Interface (UPI) is now available in Nepal, allowing users to scan QR codes and make payments to Nepalese merchants.
04 Mar 2024
Reserve Bank Of India (RBI)UPI accounts for 80% of digital payments in India: RBI
Shaktikanta Das, Governor of the Reserve Bank of India (RBI) has announced that Unified Payments Interface (UPI) now accounts for nearly 80% of digital payments in India.
03 Mar 2024
FlipkartFlipkart launches its own UPI service to boost digital economy
Flipkart has unveiled its Unified Payments Interface (UPI) service, aiming to improve digital payment options for its over 500 million users.
23 Feb 2024
Google Pay (Gpay)Amid Paytm crisis, Google Pay expands its UPI soundbox
Google Pay is gearing up to expand its SoundPod service for merchants throughout India in the coming months, following a successful limited pilot last year.
12 Feb 2024
Sri LankaAfter France, UPI goes live in Sri Lanka and Mauritius
India's Unified Payments Interface (UPI) now works in Sri Lanka and Mauritius.
02 Feb 2024
FranceYou can now buy Eiffel Tower tickets using UPI
The iconic Eiffel Tower in Paris is the first French merchant to adopt India's Unified Payments Interface (UPI) service.
04 Jan 2024
Reserve Bank Of India (RBI)E-Rupee transactions surpass 10 lakh per day milestone in December
In a significant milestone, Indian banks distributed employee benefits via digital rupee in December, enabling the Reserve Bank of India (RBI) to reach its goal of 10 lakh daily transactions by 2023's end, per Reuters.
30 Dec 2023
National Payments Corporation of IndiaInactive UPI accounts to be deactivated from January 1
Starting January 1, UPI accounts that haven't been used for a year or more will be deactivated, according to a circular from the National Payments Corporation of India (NPCI).
30 Dec 2023
National Payments Corporation of India'UPI for secondary market' launches on Monday: What it is
The National Payments Corporation of India (NPCI) will launch 'UPI for secondary market' beginning with a beta phase for the equity cash segment on January 1, 2024.
29 Dec 2023
Telecom Regulatory Authority Of IndiaNPCI to disable inactive UPI IDs by December 31
The National Payments Corporation of India (NPCI) has mandated that payment apps disable UPI IDs that have been inactive for over a year by December 31, 2023.
20 Dec 2023
Indian GovernmentCheaper gas to women's reservation: Major policy reforms in 2023
In 2023, the Indian government initiated groundbreaking policy reforms.
20 Dec 2023
Reserve Bank Of India (RBI)UPI transactions reach Rs. 17.4 lakh crore this December
Reserve Bank of India (RBI) has disclosed in its monthly bulletin that transactions via Unified Payments Interface (UPI) reached Rs. 17.4 lakh crore in December 2023.
20 Dec 2023
Indian GovernmentIndia's digital transformation in 2023: Advancements in infrastructure and initiatives
The year 2023 marked a digital revolution for India. The Indian government introduced several initiatives under 'Digital India,' to transform the nation's digital landscape.
08 Dec 2023
Reserve Bank Of India (RBI)RBI raises UPI limit for hospitals, education to Rs. 5L
Reserve Bank of India (RBI) Governor Shaktikanta Das, announced two major updates related to the Unified Payments Interface (UPI), during the Monetary Policy Committee (MPC) meeting.
16 Nov 2023
IndiaSeychelles may soon adopt India's UPI payments technology
India has extended an offer of technological cooperation to Seychelles on Unified Payments Interface (UPI), as per Mint which cited insiders familiar with the situation.
08 Nov 2023
JioJioPhone Prima 4G with UPI, WhatsApp support goes on sale
Jio's latest feature phone, the JioPhone Prima 4G, which was unveiled last month is now available for purchase in India.
01 Nov 2023
National Payments Corporation of IndiaUPI transaction volume crosses 1,100 crore mark in October
Unified Payments Interface (UPI) has achieved a new milestone by surpassing 1,140 crore transactions in October, with the total transaction value exceeding Rs. 17.6 lakh crore.
26 Oct 2023
HMD GlobalNokia 105 Classic, with UPI support, launched at Rs. 999
Finnish mobile phone manufacturer, HMD Global has introduced a new feature phone dubbed Nokia 105 Classic in India.
01 Oct 2023
National Payments Corporation of IndiaHow to set up UPI Lite X for offline transactions
The National Payments Corporation of India (NPCI) has recently launched UPI Lite X, an improved version of UPI Lite, which enables users to carry out offline transactions and supports "Tap and Pay" using NFC technology.
14 Sep 2023
National Payments Corporation of IndiaUPI transactions may increase 50% year-on-year going ahead: NCPI
Unified Payment Interface (UPI) transactions are anticipated to grow over 50% year-on-year (YoY), according to Praveena Rai, Chief Operating Officer of National Payments Corporation of India (NPCI).
07 Sep 2023
BusinessHow to withdraw money from UPI ATM: A step-by-step guide
India's financial landscape has been evolving rapidly, and one of the latest innovations in the digital payment space is the introduction of Unified Payments Interface-powered ATMs, called UPI ATMs.
06 Sep 2023
National Payments Corporation of IndiaHow India's first UPI ATM differs from regular ATMs
In a significant milestone for India's rapidly evolving digital payment landscape, Hitachi Payment Services, in collaboration with the National Payments Corporation of India (NPCI), has unveiled the country's first UPI ATM.
05 Sep 2023
Reserve Bank Of India (RBI)India's UPI may soon launch in South American, African countries
India is negotiating with several South American and African countries to implement its Unified Payments Interface (UPI) and RuPay cards as payment platforms in these regions, a senior government official told Mint.
04 Sep 2023
State Bank of India (SBI)SBI integrates UPI interoperability in eRupee CBDC app
The State Bank of India (SBI) has implemented unified payments interface (UPI) interoperability in its central bank digital currency (CBDC) mobile application called "eRupee by SBI."
10 Aug 2023
Reserve Bank Of India (RBI)UPI to support AI-powered conversational payments: How it will work
The Reserve Bank of India (RBI) is exploring the use of artificial intelligence (AI) for conversational payments on the Unified Payments Interface (UPI).
07 Aug 2023
National Payments Corporation of IndiaUPI innovation rolled out to make online transactions faster
A new UPI plugin innovation has PhonePe/Google Pay on edge.
25 Jul 2023
PhonePeHow to pay income tax using PhonePe
PhonePe has introduced a new feature that allows you to pay income tax conveniently from within its mobile app itself.
19 Jul 2023
National Payments Corporation of India'1 billion daily transactions': Future of UPI in India
India's Unified Payments Interface (UPI) has been making global inroads. The indigenous payment system recently arrived in France, making a huge step on the international stage.
17 Jul 2023
BusinessUPI goes global: Which countries are adopting India's payment system
The Unified Payments Interface (UPI) has revolutionized India's payment landscape. It is now steadily growing in popularity worldwide.
17 Jul 2023
IndonesiaAfter France and UAE, Indonesia plans UPI deal with India
India's flagship instant payment system, Unified Payments Interface (UPI), will likely be used in Indonesia as the two countries are looking for a deal for bilateral trade in domestic currency, real-time card recognition, and digital payments, The Times of India reported.
16 Jul 2023
Narendra ModiModi signs India-UAE trade pact, MoU to establish IIT-Delhi campus
Prime Minister Narendra Modi on Saturday concluded his visit to the United Arab Emirates (UAE), where he met its ruler and UAE President Sheikh Mohamed bin Zayed Al Nahyan and signed crucial agreements.
14 Jul 2023
Narendra ModiIndia's UPI to be used in France: PM Modi
India's flagship instant payment system, Unified Payments Interface (UPI), will now be used in France, Prime Minister Narendra Modi said while addressing the Indian diaspora in France on Thursday.
13 Jul 2023
Google Pay (Gpay)How to activate and use UPI Lite on Google Pay
Google Pay (GPay) has introduced UPI Lite in India, which allows you to make faster payments for small amounts, without having to enter the UPI PIN to make the transaction.
13 Jul 2023
HDFC BankHDFC becomes first to introduce CBDC-UPI interoperability: How it works
It hasn't been that long since the Reserve Bank of India rolled out the wholesale and retail versions of Central Bank Digital currency (CBDC) or digital rupee.
03 Jul 2023
State Bank of India (SBI)SBI launches revamped YONO app with UPI and cardless withdrawal
State Bank of India's (SBI) YONO app has often been criticized for being unreliable and lacking features. That might change soon.
23 Jun 2023
AppleUPI-powered Apple Pay, Apple Card could debut in India soon
Tech giant Apple has been eyeing India's payment sector for a while. The company is now planning to enter the crowded space from two sides: Apple Pay and credit card.
19 Jun 2023
State Bank of India (SBI)UPI has replaced much of the currency in circulation: SBI
Ever since its introduction in 2016, the Unified Payment Interface (UPI) has grown in popularity. Its meteoric rise has made India one of the leaders in digital payments across the world.
10 Jun 2023
IndiaIndia tops the world with 46% of real-time digital transactions
It is impossible to miss the QR codes adorning even the smallest Indian shops these days. The country has been undergoing a digital payments revolution over the past few years.
07 Jun 2023
Google Pay (Gpay)Google Pay now allows Aadhaar-based verification for UPI activation
Google Pay has joined hands with the National Payments Corporation of India (NPCI), to permit registration for UPI using Aadhaar-based authentication.
30 May 2023
National Payments Corporation of IndiaHow Razorpay's 'Turbo UPI' differs from standard UPI payment solutions
Razorpay has introduced 'Turbo UPI,' in collaboration with the National Payments Corporation of India (NPCI) and Axis Bank.
29 May 2023
BusinessUPI to capture 90% of retail digital payments by 2026-27
Unified Payment Interface (UPI) has been the main driver of the digital payments revolution in India. First introduced in 2016, it did not take the indigenous payment system much time to grow into a dominant force.
23 May 2023
Google Pay (Gpay)Google Pay launches RuPay credit card-based UPI to rival PhonePe
PhonePe and Google Pay are the two dominant forces in India's UPI space. While the former has been making moves to enhance its superiority, Google has been awfully quiet over the past few months.
16 May 2023
ZomatoZomato launches UPI payment service for seamless in-app payments
You will now be able to complete payments from the Zomato app itself.
03 May 2023
PhonePePhonePe launches UPI Lite for smaller transactions: How to use
Two months after Paytm launched UPI (Unified Payments Interface) Lite, rival PhonePe has made the feature available on its platform.
07 Apr 2023
Reserve Bank Of India (RBI)RBI shelves NUE, the UPI rival project: Here's why
The Reserve Bank of India (RBI) has shelved its project to create an alternative for the Unified Payment Interface (UPI).
06 Apr 2023
Reserve Bank Of India (RBI)Your UPI account will soon work like a credit card
The Reserve Bank of India's (RBI) bi-monthly Monetary Policy Committee (MPC) meeting was packed with surprises this time.
29 Mar 2023
National Payments Corporation of IndiaInterchange fee on UPI: How this will affect you
A new National Payments Corporation of India (NPCI) announcement has UPI users running in confusion.
28 Mar 2023
PaytmPaytm Wallet now acceptable on all UPI QRs, online merchants
The National Payments Corporation of India (NPCI) announced wallet interoperability guidelines on Friday (March 24), paving the way for significantly improving the importance of wallets.
23 Mar 2023
Ministry of FinanceOver 95,400 UPI-related frauds reported in 2022-23: Centre
A total of 95,402 cases of Unified Payments Interface (UPI) transaction-related frauds were recorded in the country in 2022-23, the Finance Ministry told the Parliament on Wednesday.
21 Feb 2023
IndiaIndia's UPI makes global debut in partnership with Singapore's PayNow
Starting today, cross-border payments between India and Singapore are going to get easier. The Unified Payment Interface (UPI) of India and Singapore's PayNow will be linked to enable faster cross-border remittances.
15 Feb 2023
PaytmPaytm Payments Bank introduces UPI LITE: How to use it
In a bid to make low-value UPI transactions faster, more secure, and seamless, Paytm Payments Bank Limited (PPBL) has introduced UPI LITE in India.
18 Jan 2023
GoogleGoogle launches its own UPI soundbox; piloting in select locations
With Indians embracing UPI payments wholeheartedly, busy point-of-sale activity is a regular sight in Indian shops. It is hard to keep a track of UPI transactions with the usual hustle and bustle in India.
16 Nov 2022
Ashneer GroverAshneer Grover trolls WhatsApp Pay, calls it the 'biggest failure'
Ashneer Grover, the co-founder and former MD of BharatPe, was at his candid best in his tweets about WhatsApp Pay. He called the UPI-based payment service from the popular chat platform the biggest failure in India as a tech product.
15 Nov 2022
GoogleGoogle introduces UPI AutoPay for subscription-based purchases on Google Play
Users of Google Play's subscription-based purchases in India have been clamoring for the addition of UPI (Unified Payments Interface) to the mode of payments. Finally, Google has heard their pleas.
28 Oct 2022
XiaomiAmid headwinds, Xiaomi winds down its financial services in India
Xiaomi hasn't been having the best of times in India. The Chinese company has come under a lot of government scrutiny in recent months.
05 Oct 2022
RuPayNo charge for RuPay credit cardholders on low-value UPI transactions
National Payments Corporation of India (NPCI) has a piece of good news for customers and merchants. No charge will be levied on UPI transactions of up to Rs. 2,000 when using a RuPay credit card.
08 Jun 2022
RuPayRBI allows linking of credit cards with UPI: Details here
UPI or Unified Payment Interface transactions have made life simpler for Indians. It is about to get even simpler, as the Reserve Bank of India (RBI) has allowed linking credit cards to UPI network.
01 Sep 2021
NetflixNetflix introduces UPI AutoPay feature to make subscription renewal easier
Streaming giant Netflix has begun rolling out support for UPI AutoPay payments in India. This will ease recurring payment of fees like the monthly subscription to Netflix, all using just your UPI ID.
02 Aug 2021
Narendra Modi#NewsBytesExplainer: What's the e-RUPI system and how does it work?
Accelerating the transition to a digital financial ecosystem in the country, Prime Minister Narendra Modi launched the e-RUPI digital payment system today.
26 Jun 2021
WhatsAppHow to use WhatsApp Pay to send money to contacts?
Facebook-owned WhatsApp first introduced an in-app money transfer service in 2018 as part of a trial. Named WhatsApp Pay, it officially launched last year and is now available to 20 million users in India.
08 Aug 2018
IndiaHere's how Indian Railways is promoting digital transactions
Recently Rajen Gohain, the Minister of State for Railways, declared that the percentage of train tickets booked digitally is on the rise, having risen to 66% of total reserved tickets in 2017-18, from 60% in 2016-17.
24 Jul 2018
IndiaAfter Android, UPI-based Truecaller Pay comes to iOS
Last year in March, popular caller identification app Truecaller, launched its UPI-based payment service - Truecaller Pay - for Android users in India.
23 Jul 2018
Cashback OfferFrom August 1, NPCI bans UPI payments within same account
In a bid to curb fake and artificial payments made to receive cashbacks, the National Payments Corporation of India (NPCI) has decided to ban all payments within the same account from its Unified Payments Interface (UPI) platform.
21 Feb 2018
FlipkartHow Flipkart-owned PhonePe aims to reinvent UPI
Propelled by demonetization, cashless transactions saw a rise with Unified Payment Interface (UPI) trying to usher users towards a cashless economy.
11 Feb 2018
IndiaHow to send and receive money on WhatsApp
Earlier this week, WhatsApp started testing its Unified Payment Interface-based payment service in India.
30 Oct 2017
Bharti AirtelAirtel Payments Bank gets UPI-integration: All you need to know!
India's largest telco Bharti Airtel, which forayed into banking to launch Airtel Payments Bank earlier, recently integrated Unified Payment Interface (UPI) on its payments bank platform.
14 Sep 2017
IndiaGoogle to launch digital payment service in India next week?
If reports are to be believed, Google is launching a localized digital payment service in India as early as next week.
23 Aug 2017
IndiaHDFC becomes the first bank in India to launch DigiPOS
Revolutionizing the way customers make payments to merchants, HDFC Bank has become the first Indian bank to unveil the DigiPOS payment solution that offers a slew of digital payment options.
21 Aug 2017
IndiaBHIM cash back scheme extended for merchants till March
The cash back scheme, that offers merchants incentives of up to Rs. 1,000 when they accept payments via BHIM application, has been extended.
07 Aug 2017
IndiaIndependence Day: Government to give higher cashbacks to BHIM users
Get ready to have cashbacks as rewards this Independence Day as the government is all set to offer some if you opt for digital transactions using the BHIM App.
11 Jul 2017
IndiaUber, Amazon, Google: Big players taking to UPI
Uber and Amazon are planning to launch the unified payment interface (UPI) on their platforms soon.
25 Mar 2017
IndiaGoing cashless to support "Digital India"
Indians are more accustomed to having money in their physical wallets than a digital one.