Search For "unified payments interface upi"
India tops global fast payments with UPI processing 18 billion transaction
Updated : 7 months, 3 weeks ago IST
At the heart of this transformation is the Unified Payments Interface, better known as UPI. Launched in 2016 by the National Payments Corporation of India, UPI has changed how people send and receive money in the country.
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UPI gains global ground as transactions surge and new partnerships emerge
Updated : 8 months, 3 weeks ago IST
Unified Payments Interface (UPI), India's flagship digital payments system, continues to reshape the country's digital economy while also emerging as a tool of diplomatic outreach and international collaboration.
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PM Modi congratulates Trinidad and Tobago on adopting UPI
Updated : 8 months, 3 weeks ago IST
PM Modi congratulated Trinidad and Tobago on being the first country in the Caribbean to adopt the Unified Payments Interface (UPI).
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PM Modi's 5-nation visit: Vaccine development among focus items in Ghana;
Updated : 9 months ago IST
Prime Minister Narendra Modi's upcoming five-nation tour, beginning on July 2, will see significant advancements in India's bilateral relations with African nations of Ghana and Namibia, with discussions to include setting up of a vaccine hub in Ghana and the expansion of the Unified Paym
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Uganda gears up to roll out Aadhaar-like ID system, eyes UPI adoption
Updated : 11 months, 2 weeks ago IST
In a major push to digitize citizen services, Uganda is set to roll out an Aadhaar-like digital identification system based on India-developed open-source technology and is exploring the adoption of Unified Payments Interface (UPI) to cut down transaction costs across the economy.
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PCI submits letter to PM Modi seeking re-evaluation of zero MDR for UPI an
Updated : 1 year ago IST
The Payments Council of India (PCI), an industry body representing a diverse range of non-banking payment industry players, with 180 members, has submitted a formal letter to the Prime Minister Narendra Modi, seeking urgent reconsideration of the Zero Merchant Discount Rate (MDR) policy for
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Paytm set to maintain strong contribution margin at 57 per cent by FY27E
Updated : 1 year ago IST
Despite a moderation in its Unified Payments Interface (UPI) market share, Paytm continues to hold a dominant position in the merchant payments business, with 85 per cent of its Gross Merchandise Value (GMV) coming from merchants. The company expects GMV to grow at a 24 per cent compound ann
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India is becoming land of infinite innovations: PM Modi
Updated : 1 year ago IST
Prime Minister Narendra Modi on Saturday said that the land that gave the world the concept of zero, is now becoming the land of infinite innovations, adding that India was not only innovating but also "Indovating," meaning innovating the Indian way.
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UPI has potential for other countries to learn: University of Cambridge Bu
Updated : 1 year ago IST
Unified Payments Interface (UPI) has potential for other countries to learn from the experience and get ideas on how to adopt it in their own countries, said Professor Carlos Montes, Lead Innovation Hub, University of Cambridge Business School.
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UPI achieves 15,547 crore transactions worth Rs 223 lakh crore from Januar
Updated : 1 year, 3 months ago IST
The Unified Payments Interface (UPI) has registered achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, the Finance Ministry said on Saturday.
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RBI announces linking of pre-sanctioned credit lines with UPI to enhance f
Updated : 1 year, 3 months ago IST
The RBI proposed extending the scope of pre-sanctioned credit lines via the Unified Payments Interface (UPI) to Small Finance Banks (SFBs).
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Spanish PM Sanchez uses UPI transaction to buy Ganesh statue in Mumbai
Updated : 1 year, 4 months ago IST
Spanish Prime Minister Pedro Sanchez on Tuesday had firsthand experience of India's digital payment transactions when he used the Unified Payments Interface (UPI) transaction to buy a Ganesh statue in Mumbai.
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