Tag:UPI

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RBI’s Proposed Delegated Payments Feature on UPI Receives Industry Applause

In a move poised to revolutionize the digital payments landscape in India, the Reserve Bank of India (RBI) has proposed the introduction of Delegated...
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UPI QR Codes to Enhance Digital Payments Across UAE and Middle East

Digital payments in the UAE and Middle East are set to become more convenient as NPCI International collaborates with Network International (Network), a leading...
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137% Surge in UPI Transactions Amid Growing Concerns Over Fraud, Reveals RBI Report

In a stark revelation, the Reserve Bank of India (RBI) has disclosed a staggering surge in digital payment fraud, soaring to an unprecedented 14.57...
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UPI Dominates Digital Payments in FY24 with Record Growth: RBI Report

Unified Payments Interface (UPI) accounted for nearly four out of five digital payments in India during the financial year 2024 (FY24), according to the...
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UPI Transactions Surge by 57% in FY 2023-24, Cross 100 Billion Mark

In a testament to the rapid digitization of financial transactions in India, Unified Payment Interface (UPI) transactions have witnessed a remarkable 57% rise in...
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UPI Accounts for 80% of India’s Digital Payments: RBI Governor

The Reserve Bank of India (RBI) Governor addressed a distinguished gathering at the Digital Payments Awareness Week celebrations, highlighting the remarkable growth and security...
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RBI Directs NPCI to Assess Paytm’s UPI Service Continuation Under TPAP Route Amid Compliance Concerns

The Reserve Bank of India (RBI) has directed the National Payments Corporation of India (NPCI) to carefully assess One97 Communication Limited's application for approval...
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India and UAE Forge Financial Collaboration, Inaugurate Interlinked Payment Platforms

Prime Minister Narendra Modi and UAE's President Sheikh Mohamed bin Zayed Al Nahyan jointly launched the UPI RuPay card service in Abu Dhabi on...
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