Unified Payments Interface (UPI): News
MDR on UPI applies to merchants, not customers: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers.
Will UPI payments become chargeable? Centre moves to enable MDR
The Indian government has introduced a bill to amend the Payment and Settlement Systems Act, 2007.
UPI hits record 23.6B transactions in July
India's Unified Payments Interface (UPI) has hit a new record, processing 23.66 billion transactions worth ₹29.88 lakh crore in July 2026.
You can soon pay via UPI in Maldives
The Unified Payments Interface (UPI) has expanded its international footprint with the addition of the Maldives as its 10th market.
Beware of LPG scam targeting consumers, ICICI Bank warns
ICICI Bank has issued a warning about a new online scam targeting its customers.
NPCI working with banks, UPI apps to strengthen user privacy
The National Payments Corporation of India (NPCI) is working with Unified Payments Interface (UPI) apps and partner banks to implement the Digital Personal Data Protection (DPDP) law, according to Moneycontrol.
WhatsApp had more UPI transactions than CRED in June
WhatsApp has surpassed CRED in Unified Payments Interface (UPI) transaction volume for June, according to data from the National Payments Corporation of India (NPCI).
You can soon make UPI payments without internet
The National Payments Corporation of India (NPCI) is working on a new feature for Unified Payments Interface (UPI), that would allow users to make payments at merchant point-of-sale terminals without an internet connection.
India's UPI may soon be linked with Spain's payment service
India and Spain have agreed to speed up talks on making their digital payment platforms, the Unified Payments Interface (UPI) and Bizum, interoperable.
Government may charge big businesses on UPI payments above ₹2,000
The Indian government is mulling the reintroduction of a Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions for large merchants.
Over 600M biometric-based UPI transactions done in June: NPCI
The National Payments Corporation of India (NPCI) has announced that biometric-based Unified Payments Interface (UPI) transactions have crossed 600 million in June.
You can soon use UPI in Indonesia
India's Unified Payments Interface (UPI) will soon be integrated with Indonesia's payment system.
How NPCI plans to simplify your UPI payments abroad
The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Payments to make international Unified Payments Interface (UPI) transactions more efficient.
You can now pay via UPI in Greece
India's unified payments interface (UPI) has officially launched in Greece, expanding its global footprint.
NPCI plans to integrate AI into UPI
The National Payments Corporation of India (NPCI) is considering the integration of artificial intelligence (AI) into its Unified Payments Interface (UPI).
NPCI to enable e-mandate tracking on all UPI apps
The National Payments Corporation of India (NPCI) is working on a new feature to simplify the management of electronic mandates for consumers.
UPI now available in more locations across France: PM Modi
Prime Minister Narendra Modi on Thursday announced the expansion of the Unified Payments Interface (UPI) in France.
India can repay 94% foreign debt in a day: Fadnavis
Maharashtra Chief Minister Devendra Fadnavis has dismissed fears of an economic slowdown in India.
UPI crosses 23B monthly transactions for first time
India's Unified Payments Interface (UPI) has achieved a major milestone by crossing the 23 billion monthly transaction mark for the first time in May 2026.
New UPI and ATM rules from today
A host of changes have come into effect from June 1, impacting Unified Payments Interface (UPI) and other financial aspects.
How much PF savings can you withdraw using UPI
The Employees' Provident Fund Organisation (EPFO) is gearing up to make it easier for subscribers to access their provident fund savings.
RBI's mobile wallet restrictions: What it means for fintechs, users
The Reserve Bank of India (RBI) has surprised the fintech industry by tightening guidelines for prepaid payment instruments (PPIs), popularly known as mobile wallets.
UPI transaction limit might suddenly reduce: Here's how to avoid
Unified Payments Interface (UPI) has revolutionized digital transactions in India. The platform offers a seamless way to send and receive money.
Uber now lets you book Pune Metro tickets
Pune Metro commuters can now book QR-based metro tickets directly through the Uber app.
Paytm brings UPI to teens with Pocket Money feature
Paytm has launched a new feature called 'Pocket Money,' allowing teenagers to make UPI payments even if they don't have their own bank account.
India Post to let you send letters using digital IDs
India Post is gearing up to revolutionize its delivery system with a new digital address initiative.
PF withdrawals via ATMs, UPI likely from this month
The Employees' Provident Fund Organization (EPFO) is gearing up to introduce a new feature for its subscribers.
Why UPI transactions saw a MoM dip in April
India's digital payment landscape witnessed a slight dip in April, with Unified Payments Interface (UPI) transactions seeing a minor month-on-month decline.
RBI tightens auto-pay rules under new digital payments framework
The Reserve Bank of India (RBI) has announced changes to its electronic auto-pay transactions.
Amazon, Meta to lobby NPCI over PhonePe, Google Pay's dominance
Amazon and Meta are set to challenge the dominance of PhonePe and Google Pay in India's instant payments network.
ICICI Bank's new feature lets you skip UPI PIN
ICICI Bank has launched biometric authentication for Unified Payments Interface (UPI) transactions on its mobile banking app, iMobile.
You can now check your CIBIL score on BHIM app
In a major development, TransUnion CIBIL has integrated its consumer credit scores and Credit Information Reports (CIR) into the BHIM Payments App.
Digital gold via UPI hits record transactions in March
Digital gold purchases through Unified Payments Interface (UPI) have witnessed a massive surge in March 2026.
Bankers flag concerns over RBI's plan to delay UPI transfers
The Reserve Bank of India's (RBI) proposal to introduce a one-hour delay in processing high-value transactions above ₹10,000 to new payees has drawn criticism from bankers and fintechs.
UPI payments above ₹10,000 may face 1-hour delay: Know why
The Reserve Bank of India (RBI) has proposed a one-hour delay for digital transfers over ₹10,000.
UPI clocks 228B transactions in 2025 as digital payments boom
India's digital payments ecosystem is witnessing unprecedented growth, with Unified Payments Interface (UPI) leading the charge.
You can now use Face ID, fingerprint for Paytm UPI
Paytm has announced the launch of biometric authentication for Unified Payments Interface (UPI) transactions and cardless ATM withdrawals.
US flags India's UPI as trade barrier
The US has flagged India's Unified Payments Interface (UPI) and data localization rules as trade barriers.
Indian banks to observe up to 6 holidays next week
Next week, all public and private banks in India will observe holidays for up to six days. The closures are due to various festivals and observances, including Mahavir Jayanti and Good Friday.
You can now pay via UPI in Sri Lanka
NPCI International Payments Limited (NIPL) has expanded Unified Payments Interface (UPI) merchant acceptance in Sri Lanka.