Unified Payment Interface

This expansion points to a largescale adoption of digital payments across consumers and geographies. Digital payments have enabled more people to access formal credit channels, empowering economic participation, MoS Finance Pankaj Chaudhary said.

India leads global real-time payments with 48.5% share in FY25, driven by UPI surge: RBI Annual Report

In March 2025 alone, UPI recorded its record-highest of 19.78 billion transactions, amounting to Rs 24.77 lakh crore in value.

Private sector needs to engage in development of global public goods: RBI Governor Shaktikanta Das

The Reserve Bank of India governor was speaking at the G20 Finance Track National Event.

Book excerpt: How fintech has changed the way we pay, save, lend, borrow and invest

Extracted from Chapter 3, "How Fintechs Changed Personal Finance", of 'The Wisest Owl - Be your own Financial Planner' by Anupam Gupta, with permission from Penguin Random House.

RBI issues norms for interoperable card-less cash withdrawal at ATMs

The central bank, in its April monetary policy meeting, had proposed to allow interoperability in cardless cash withdrawal transactions at all banks and ATMs using the UPI facility

Individual investors can use UPI for up to Rs 5 lakh payment in IPOs

The new guidelines will come into force for public issues opening on or after May 1, 2022, SEBI said in a circular.

UPI transactions dip in November post October's festive rush

UPI recorded 418 crore transactions in November with a value of Rs 7.68 lakh crore. This breaks UPI's five-month streak of consistent month-on-month growth, but transaction values continue to be higher than $100 billion for the second straight month.

BHIM UPI to be launched in Bhutan as NPCI's overseas arm joins hands with RMA

Bhutan's Royal Monetary Authority (RMA) will ensure that the participating NPCI mobile application through UPI QR transactions is accepted at all RMA acquired merchants in Bhutan. This new collaboration would help over 200,000 tourists from India who travel to Bhutan each year.

You can now recharge your FASTag accounts using Google Pay

The new UPI facility is available on both Android and iOS versions of Google Pay.

Five ways to protect yourself from fraud on UPI apps such as Google Pay, PhonePe

A pin is needed only for transferring amounts, not while receiving. Restrict access to screen-sharing apps and never share your pin, card and OTP details.

Ola integrates with UPI to simplify payment options

This integration will allow Ola customers to use their unique UPI IDs to pay for all their rides on the Ola platform, the company said in a release.

Dish TV partners with ICICI Bank for digital payments

"This alliance with ICICI Bank through UPI will drive higher customer adoption and allow them to be a part of the digital economy. This will also aid our vastly spread customers with or without Internet access to recharge conveniently," Kapoor added.

US can learn from India's move toward cashless society: Expert

"With this, India will skip two generations of financial technologies and build something as monumental as China's Great Wall and America's interstate highways," Wadhwa said in his op-ed titled 'What the US can learn from India's move toward a cashless society'.

Yatra.com offers UPI as alternate payment option to customers

Online travel solutions provider Yatra.com today offered Unified Payment Interface (UPI) as an alternate payment option to its customers through its website a move which is in line with the Government's efforts to promote digital payments.

Paytm to hit 2 bn transactions this year; aspires to enter US

Our numbers are at 2 billion transactions this year, which in turn will enable us to become really the transaction layer on top of every bank account," Paytm Founder and CEO Vijay Shekhar Sharma

See sharp cuts in FY17 earnings; rural most hit: Religare Cap

Unless currency disbursements improve and liquidity returns to the system quickly, the impact of demonetisation on economy and corporate performance could be much more severe than anticipated; that is the feedback from a survey done Religare Capital Markets through a road-trip that concluded recently.

Efforts on to make USSD as friendly as UPI, e-wallets: TRAI

With the government's thrust on digital payments post demonetisation, the telecom regulator TRAI is working full swing to enable digital payments by way of USSD, which enables feature phone users to transact digitally without internet. Over 70 percent of people in India are feature phone users.

Money Money Money: The Shift to Digital Payments

Watch the interview of Rajiv Anand, Executive Director Retail Banking, Axis Bank with Surabhi Upadhyay on CNBC-TV18, in which he spoke on unified payment interface (UPI) for digital payments.

DCB Bank launches DCB UPI mobile app

DCB Bank today said it has launched an Unified Payment Interface (UPI) application to enhance banking experience for customers.

Canara Bank launches UPI mobile app

The mobile app works on NPCI (National Payments Corporation of India) platform and enables bank customers pay and collect using this single app, the bank said.

Buyers for stressed assets hard to find: ICICI Bank

Strategic debt restructuring is a useful tool, said Kochhar, adding, the bank has successfully managed to find a buyer for one of the companies it had invoked the restructure for.

Mobile banking transactions have been on the rise: Survey

Mobile transactions have skyrocketed to Rs 1,03,500 crore in 2014-15 from a mere Rs 6,000 crore only three years before.

RBI launches UPI; money transfer now as simple as a text message

With the Unified Payment Interface, the customer will need only one app, instead of multiple ones. And she won‘t have to reveal her bank details either. So, is it as hassle-free as it is hyped up to be? Read on.

RS Software up 9% after RBI launches Unified Payment Interface

Kolkata-based IT company is a technology provider to National Payments Corporation of India (NPCI) for UPI. NPCI is an umbrella organisation for all retail payments system in India.

UPI launch a 'WhatsApp' moment for payments: Shikha Sharma

It might take 12-18 months for the new interface to be ubiquitous, says Shikha Sharma, MD & CEO of Axis Bank, adding, the real challenge for UPI is a good dispute resolution mechanism, which the National Payments Corporation of India (NPCI) is working on.