Before 2022, merchants had to pay a nominal fee, called the merchant discount rate (MDR), to banks for processing UPI and ...

According to data from the National Payments Corporation of India (NPCI), Unified Payments Interface (UPI) transactions worth ...

The initial focus of the Unified Lending Interface is to provide small-ticket loans and improve collection efficiency ...

The National Payments Corporation of India (NPCI) has introduced new security measures to protect Unified Payments Interface (UPI) accounts linked to inactive mobile numbers, aiming to reduce fraud ...

The government may introduce a tiered pricing system for UPI transactions, where larger merchants would incur higher charges, ...

Employees’ Provident Fund Organisation (EPFO) subscribers will soon be able to withdraw their Provident Fund (PF) savings ...

The meeting was attended by the new RBI Governor and senior officials of the apex bank. Senior executives from the payments, ...

In an exchange filing, the company said Paytm UPI now supports UPI Trading Blocks, a feature that aims to simplify the ...

RBI Governor emphasizes need for expanding digital payments in India, focusing on awareness, efficiency, and innovation for ...

The RBI will also continue its engagement in a multilateral project called Project Nexus, to enable instant cross-border ...

Unified Payments Interface (UPI) demonstrates transformative potential for global adoption, with 17 billion transactions in January 2025 alone. Experts highlight UPI's user-friendliness and growing ...