UPI transactions hit record high of ₹14.3 lakh cr in May
The number of UPI transactions increased to 941 crore in May compared with 889 crore in April.
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RBI to come up with new payment system LPSS to process critical transactions
The central bank says LPSS will operate on minimalistic hardware, software, and will be made active only on a need basis
UPI to be used for 90% of retail digital payments by FY27: PwC
Credit card on UPI, int’l transactions for foreign inbound travellers and cross-border transactions on UPI, credit lines on UPI to benefit to ecosystem players, says report
Google Pay users can now make UPI payments via RuPay credit cards
So far, Google Pay only supported debit cards; customers can link RuPay credit cards on UPI via BHIM, Mobikwik, PhonePe, and Paytm apps as well
UPI transactions to remain free for customers, clarifies NPCI
Bank account-to-account transactions continue to remain free for customers and merchants, says UPI operator NPCI.
RuPay, UPI India’s identity in world, says PM
PM Modi says India is being called the "bright spot" of the global economy, and that the benefits of the strength of its banking system should reach maximum people.
FMCBG G20 meet: UPI, CoWin, eKYC leading India’s economic transformation, says FM
The high-level symposium on Digital Public Infrastructure sees insightful discussions on inclusive growth, resilience and innovation.
In-bound travellers visiting India can now pay via UPI: RBI
To start with, the facility is available to travellers from G-20 countries at select international airports (Bengaluru, Mumbai and New Delhi).
Indians can now transfer money to & from Singapore via UPI
An Indian user can remit up to ₹60,000 in a day, says the RBI.
WTO to discuss India's proposal on e-commerce and digital infra
India is taking a leadership role in getting WTO member countries to recognise issues of importance to developing countries and least developed countries.
