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Unified Payments Interface (UPI): News

28 Nov 2025
Amazon

Amazon, Flipkart will offer loans to Indian consumers, small businesses

Amazon and Flipkart are taking on traditional banks in India by launching new lending products for small businesses and consumers.

27 Nov 2025
Business

Paying via UPI? Here's how to earn more cashbacks

As Unified Payments Interface (UPI) apps expand their cashback and points programs, users are keen to know how these rewards work.

24 Nov 2025
E-commerce

India's post-Diwali spending stays strong, digital payments continue to rise

India's consumption pattern seems to be holding strong even after the Diwali rush, with digital payments showing no signs of the usual post-festival slump.

Peru to launch UPI-like payment system by next year

Peru is gearing up to launch an India-inspired real-time digital payments system by next year.

18 Nov 2025
Amazon Pay

PhonePe processed a whopping 9.4B UPI transactions in October

PhonePe and Google Pay continued to dominate the UPI ecosystem in October.

18 Nov 2025
Paytm

Paytm now lets you hide UPI payments: Here's how

Paytm, one of India's leading digital payment platforms, has introduced a new feature called 'Hide Payments.'

UPI to soon work in Bahrain

In a major development, NPCI International Payments Limited (NIPL), the global arm of the National Payments Corporation of India (NPCI), has joined hands with Bahrain's BENEFIT Company.

03 Nov 2025
Samsung

Samsung Wallet now lets you make UPI payments using biometrics

Samsung has announced a major update for its Wallet app in India.

03 Nov 2025
Business

UPI QR codes double to nearly 68cr in 18 months

India's Unified Payments Interface (UPI) has witnessed an unprecedented surge in its QR code adoption.

UPI hits record 21B transactions in October

India's Unified Payments Interface (UPI) has set a new record by processing 20.7 billion transactions in October 2025.

29 Oct 2025
Business

UPI transactions surge 35% in H1 2025 to whopping 106B

India's digital payments ecosystem witnessed a massive growth in the first half of 2025, driven by an increase in Unified Payments Interface (UPI) usage and the rapid onboarding of small merchants.

27 Oct 2025
Paytm

Paytm now allows UPI payments without an Indian SIM card

Paytm has introduced a service that lets Non-Resident Indians (NRIs) from 12 countries make Unified Payments Interface (UPI) payments in India using their international mobile numbers.

27 Oct 2025
Startups

Accel, Prosus form new partnership to back early-stage Indian start-ups

Leading investors Accel and Prosus have announced a new investment partnership to support early-stage Indian start-ups.

26 Oct 2025
Business

From exit to expansion: India becomes BlaBlaCar's biggest market

BlaBlaCar, the long-distance carpooling service, has witnessed a remarkable turnaround in India.

24 Oct 2025
PhonePe

How this one UPI rule caused chaos for market leaders

The National Payments Corporation of India (NPCI) recently attempted to promote consumer choice and interoperability among third-party Unified Payments Interface (UPI) apps.

23 Oct 2025
Reserve Bank Of India (RBI)

Digital payments accounted for 99.8% of transactions in H1: RBI

The Reserve Bank of India (RBI) has revealed that digital payments have taken over the Indian economy, accounting for a whopping 99.8% of total transaction volume and 97.7% of the total payment transaction value in the first half of 2025.

22 Oct 2025
GST

UPI records over ₹94,000 crore in daily transaction value

The Unified Payments Interface (UPI), India's real-time digital payment system, is witnessing a record-breaking October.

NPCI issues guidelines to curb UPI fraud amid festive season

As the festive season approaches, the National Payments Corporation of India (NPCI) has issued guidelines to help people protect themselves from Unified Payments Interface (UPI) frauds.

14 Oct 2025
Japan

You can soon pay for goods via UPI in Japan

Indian tourists visiting Japan may soon be able to use Unified Payments Interface (UPI) for their transactions.

09 Oct 2025
BigBasket

ChatGPT now supports UPI payments: Here's how it works

Razorpay, the National Payments Corporation of India (NPCI), and OpenAI have teamed up to test a new feature called Agentic Payments on ChatGPT.

08 Oct 2025
Business

UK fintech Revolut enters India with UPI and Visa partnerships

London-based digital finance company, Revolut, has announced its plan to launch a payment platform in India. This will be the company's first entry into one of the world's biggest digital payments markets.

You can now use UPI for international transactions via PayPal

The National Payments Corporation of India (NPCI) and PayPal have announced a partnership to integrate Unified Payments Interface (UPI) with PayPal World.

07 Oct 2025
Reserve Bank Of India (RBI)

You can make UPI payments using facial recognition from tomorrow

Starting tomorrow, India will allow users to approve Unified Payments Interface (UPI) transactions using facial recognition and fingerprints.

02 Oct 2025
Mutual Funds

SEBI launches validated UPI handles to stop investor payment fraud

The Securities and Exchange Board of India(SEBI) has launched two new security measures: validated UPI handles with "@valid" suffix and a verification tool called "SEBI Check."

01 Oct 2025
Reserve Bank Of India (RBI)

No proposal to charge UPI transactions: RBI governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra has clarified that there is no proposal to levy charges on Unified Payments Interface (UPI) transactions.

Axis Bank launches India's first gold-backed credit line

Axis Bank has partnered with Freecharge to launch India's first-ever gold-backed credit line through the Unified Payments Interface (UPI).

29 Sep 2025
Paytm

Paytm, Google Pay now let you create custom UPI IDs

Paytm and Google Pay have launched a new feature that lets users personalize their Unified Payments Interface (UPI) IDs.

24 Sep 2025
Qatar

Qatar joins list of countries accepting UPI payments

In a major development for Indian travelers, Qatar has now joined the list of countries accepting Unified Payments Interface (UPI) payments.

23 Sep 2025
Flipkart

Why Flipkart has invested $30M in its fintech arm Supermoney

Walmart-backed Flipkart has pumped in $30 million into its fintech subsidiary, Supermoney.

UPI payment rules update: Key changes effective November 3

The National Payments Corporation of India (NPCI) has announced a major change in the Unified Payments Interface (UPI) settlement cycles.

UPI transaction limits revised from today: How it affects you?

The National Payments Corporation of India (NPCI) has announced a revision in the Unified Payments Interface (UPI) transaction limits for select categories.

15 Sep 2025
World Bank

World Bank to double India investments to $10B by 2030

International Finance Corporation (IFC), private sector arm of the World Bank Group, aims to double annual investments in India to $10 billion by 2030.

10 Sep 2025
HDFC Bank

Attention! You can't use HDFC's UPI services on this date

HDFC Bank has announced a temporary suspension of its Unified Payments Interface (UPI) services on September 12.

01 Sep 2025
Indian Government

UPI crosses 20 billion monthly transactions for first time

India's Unified Payments Interface (UPI) has hit a major milestone by crossing the 20 billion monthly transaction mark in August.

EPFO 3.0 to launch soon with UPI withdrawals, major upgrades

The Employees's Provident Fund Organisation (EPFO) is gearing up to launch its revamped digital platform, EPFO 3.0, later this year.

28 Aug 2025
China

India to surpass US economy by 2038 despite tariffs: EY

India is projected to become the world's second-largest economy in terms of purchasing power parity (PPP) by 2038, according to a report by Ernst & Young (EY).

18 Aug 2025
State Bank of India (SBI)

UPI transactions in India: Average daily value crosses ₹90,440cr

Unified Payments Interface (UPI) transactions in India have witnessed a massive surge in 2025, according to a recent report by the State Bank of India (SBI).

UPI 3.0 to let your smart devices handle payments

The National Payments Corporation of India (NPCI) is working on a revolutionary upgrade to its Unified Payments Interface (UPI) system.

Starting October, UPI users can't request money from each other

The National Payments Corporation of India (NPCI) has announced that it will disable the peer-to-peer (P2P) "collect requests" feature in Unified Payments Interface (UPI) by October 1, 2025.

05 Aug 2025
Government of India

India's UPI just processed record 700M transactions in a day 

India's Unified Payments Interface (UPI) has hit a new milestone, processing over 707 million transactions in a single day on August 2.