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Unified Payment Interface News

21 Oct 2024

President Mohamed Muizzu Decides To Introduce India's UPI In Maldives

The move is expected to bring significant benefits to the Maldivian economy, including increased financial inclusion, improved efficiency in financial transactions, and enhanced digital infrastructure, the President's Office said in a statement on Sunday.

Unified Payment Interface

12 Feb 2024

UPI Payment Services Launched In Sri Lanka, Mauritius; PM Modi Attends Event

PM Modi has called it a special day for digital connectivity between India, Sri Lanka and Mauritius. "

Unified Payment Interface

12 Feb 2024

PM Modi To Attend Launch Of UPI Services In Sri Lanka, Mauritius Today

The launch will enable availability of UPI settlement services for Indian nationals travelling to Sri Lanka and Mauritius as well as for Mauritian nationals travelling to India.

09 Sep 2023

What Is UPI Lite X And How Does It Differ From UPI & UPI Lite?

Last year, NPCI introduced UPI Lite, a method for sending or receiving payments of up to Rs 200, which has now been increased to Rs 500, in real-time without requiring a UPI pin. They can now send or receive small denomination amounts through UPI lite by adding the funds to an on-device UPI wallet.

pm modi france visit

15 Jul 2023

'India Sees France As A Natural Partner In Its Progress': PM Modi Tells Macron

In his remarks, PM Modi also said the two countries have agreed to launch India's Unified Payment Interface in France. He also announced that India would open a new Consulate in the port town of Marseilles.

21 Feb 2023

UPI's Popularity to Help Digital Transactions Exceed Cash Soon: PM Modi

PM Narendra Modi along with his Singaporean counterpart Lee Hsien Loong witnessed the launch of cross-border connectivity between the UPI and PayNow of Singapore via video conferencing.

07 Dec 2022

RBI to add a feature in UPI platform for e-com purchase, hotel booking, more

RBI to add a feature in the UPI platform to aid payments for e-com purchase, botel bookings, etc. Single-block-and-multiple debits' feature will be added soon. The new system will make the BBPS platform accessible to a wider set of individuals and businesses.

UPI transactions

01 Oct 2022

UPI transactions up over 3% at Rs 678 crore in September

In August 2020, the total number of Unified Payment Interface (UPI) based digital financial transactions stood at 6.57 billion (657 crore). In July, India processed 6.28 billion UPI transactions worth Rs 10.62 lakh crore.

12 Apr 2022

Beware of UPI frauds! Here’s how to avoid THESE silly mistakes

UPI frauds have increased over the years. There are some safeguards in place to reduce the chances of frauds. You can prevent yourself from getting cheated on UPI.

14 Mar 2018

Axis Bank to process payments over WhatsApp soon

Axis Bank enjoys 20 percent market share in the UPI space.

18 Sep 2017

This is how Google's digital payment app 'Tez' works

Tez, which means fast in Hindi, is a standalone payments app that can be downloaded on Android and iOS devices.

07 Apr 2017

HDFC Bank launches its UPI on Chillr

Launch of HDFC Bank`s UPI on Chillr will benefit customers of 44 banks that will now be able to conduct digital transactions seamlessly using the Chillr app.

19 Jan 2017

'15-20% consumption expenditure will become digital in 1 year'

Unique Identification Authority of India (UIDAI) former chairman Nandan Nilekani today said with new digital payment systems like BHIM and UPI in place, around 15-20 per cent of the country's personal consumption expenditure will become digital in next one year from the current level of 5 per cent.

30 Aug 2016

Canara Bank launches UPI mobile app

The mobile app is available for download from Google play store.

30 Jul 2016

15 banks to come up with unified payment interface by July 31

In the latest, around 15 banks (public and private) are preparing to come up with the unified payments interface (UPI) starting July 31.

14 Apr 2016

Banking Simplified : Unified Payment Interface

13 Apr 2016

PNB launches SMS alert service in regional languages

State-owned Punjab National Bank on Wednesday said it has launched many services, including SMS alert in Hindi and other languages and Indo-Nepal Remittance.

01 Apr 2016

Flipkart acquires payment firm PhonePe

Flipkart on Friday announced the acquisition of PhonePe, a city-based mobile payments company co-founded by the e-commerce giant's two former employees.

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