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    • Growth pangs continue for credit line on UPI despite multiple initiatives from payment firms

      As large banks become indifferent, the future of CLOU now rests on small finance banks targeting semi-urban and rural customers, where traditional credit cards have limited reach

    • Reserve Bank asks NPCI to probe rising UPI autopay debit complaints: Report

      The increase in grievances, including complaints escalated to cybercrime authorities, prompted NPCI to review the issue

    • AI Summit: NPCI unveils in-house AI model to potentially handle UPI disputes, customer service, regulation and ecosystem queries

      FiMI can potentially assist users with transaction issues, mandates and payment-related queries

    • UPI ends 2025 on a record high in December; annual transactions reach Rs 300 lakh crore

      Digital payments hit 21.6 billion transactions and Rs 28 lakh crore in a single month, underscoring UPI’s role as India’s default retail payment rail

    • UPI crosses 700 million daily transactions for six straights days in December

      The mobile payments platform also recorded transactions worth over Rs 1 lakh crore for the first five consecutive days during the month

    • NBBL aims to process 1 billion monthly transactions over next 3 years, says NBBL CEO

      Last month, the company crossed 260 million transactions, a 10x growth over the last few years, Noopur Chaturvedi has said

    • Putting most digital payments through single rail could pose systemic risks, Mastercard’s Gautam Aggarwal

      RBI is probably the most advanced regulator, primarily because we have found that right balance of data sovereignty, nationalist pride, still allowing international players to co-exist, he adds

    • From FOMO to Function: Can AI transform India’s fintech and banking backbone

      Despite the AI buzz, India’s fintech and banking players are treading cautiously, experimenting, not overhauling, as they balance innovation with regulation in one of the world’s most tightly governed financial sectors.

    • Razorpay Curlec, NPCI International partner to enable UPI payments in Malaysia

      Over one million Indian tourists had visited Malaysia in 2024, spending over Rs 11,000 crore, underscoring the potential for UPI to simplify payments, reduce foreign exchange cost and improve merchant acceptance.

    • 80% of UPI volumes concentrated with two app providers, fintech body writes to FinMin

      Industry body warns of duopoly as UPI processing reaches 19.6 billion transactions in September

    • ICICI Prudential Life enables premium payments via NBBL Banking Connect

      The feature allows policyholders to make premium payments directly through their preferred mobile banking app, without having to log in separately using internet banking credentials

    • UPI AutoPay takes the stress out of recurring payments

      Seamless payments, smarter budgeting, and stress-free monthly bills.

    • UPI mapper rule to promote interoperability triggers slugfest among payment apps, chaos for consumers

      In the end, NPCI blinked. Fierce one-upmanship among UPI apps forced a rollback, restoring uneasy peace in India’s payments ecosystem

    • NPCI-backed BHIM clocked Rs 4 crore revenue, Rs 68 crore loss in FY25; transactions up four-fold after spinoff

      NPCI’s move to spin off BHIM has yielded results, with the app quadrupling its transactions to 100 million within a year

    • AI fever, regulation calm, and FOMO in the air: What really went down at GFF 2025

      The three-day event in Mumbai saw AI dominate conversations across panels and product launches, while fintech founders, regulators, and banks signalled a more measured phase of collaboration after last year’s wave of policy changes.

    • Razorpay, NPCI, OpenAI join hands to pilot ‘Agentic Payments’ on ChatGPT

      The initiative, currently in the pilot stage, will enable users to discover products and services, compare prices, and make payments through UPI without leaving the ChatGPT interface.

    • NPCI rolls out UPI payments with fingerprint and face authentication instead of PIN

      RBI has been nudging all financial institutions to follow different second-factor authentication instead of PIN and OTPs, such as behavioural risk patterns and biometrics, over other means as of now.

    • NPCI tweaks credit line on UPI after a cold start, to launch partnership model at GFF

      For small ticket unsecured loans, NBFCs tend to be more eager and earnest than banks and hence their participation is key for the product’s take off

    • Walmart-backed Flipkart invests $30 million in fintech arm Supermoney

      Launched less than a year ago, Supermoney has quickly become India’s fifth-largest UPI app, handling about 257 million transactions a month, according to data from the National Payments Corporation of India.

    • PhonePe, Google Pay's UPI market share slips as Navi, super.money gain ground

      To be sure, IPO-bound PhonePe still dominates the UPI payments landscape, with a little over 45 percent market share, so these figures do not shift the competitive landscape materially

    • UPI transaction value dips Rs 2,500 cr in August after Centre’s ban on online real-money gaming

      The online RMG ban took effect on August 22, less than 96 hours after cabinet clearance, in what may be one of the swiftest policy moves in recent parliamentary history

    • UPI’s volume growth down 15 percentage points in 2025 as base effect takes hold

      India’s large informal sector, a low female work participation and the new users’ propensity to spend less could limit UPI’s future growth, say experts

    • UPI crosses 20 billion monthly transaction milestone in August, valued near Rs 25 lakh crore

      UPI had processed close to 15 billion transactions in August 2024, with the platform recording a 33 percent growth year-on-year.

    • IMPS transaction volumes hit four-year low as UPI surges in popularity

      IMPS is often used by customers for high-value transactions, with the average value of transactions being higher than Rs 13,000 in July this year, compared to UPI's Rs 1,300

    • NPCI to stop UPI person-to-person 'collect requests' from October to combat fraud

      A 'collect request' or 'pull transaction' allows a user to request money from another user through UPI. While such person-to-person transactions are being discontinued, merchants will be allowed collect requests

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