Tag: Unified Payments Interface (UPI)

FM Sitharaman urges regional rural banks to onboard customers to digital services like mobile banking by Dec 2024

The minister emphasized the importance of digital inclusion during a review meeting held in Patna on Friday with eight RRBs from Bihar, Jharkhand, Odisha, and West Bengal.

November 30, 2024

PM Modi’s Guyana visit: India and Guyana ink 10 MoUs covering agriculture, hydrocarbons, UPI, and defence

This partnership also aims to enhance capacity building and expertise sharing across the hydrocarbon value chain.

November 21, 2024

Credit card market in India to double by 2028-29: Pwc

The report stated that the credit card industry has experienced significant expansion, doubling the number of credit cards issued over the past five years.

September 4, 2024

India lifted 800 million people out of poverty “simply by smartphone”: UNGA President

He highlighted how people in rural areas of India, are able to make payments and pay bills just on the touch of a smartphone.

August 2, 2024

PM Modi hails the success of “Make In India” on global stage

Highlighting the success of the Unified Payment System, it added that the UPI system is now a global phenomenon that is enabling seamless digital payments in multiple countries.

July 17, 2024

India’s UPI goes live at Galeries Lafayette in Paris, eyes Paris Olympics boost

This landmark move is a step further in realising Prime Minister Narendra Modi's vision of globalising UPI.

July 5, 2024

India’s first all-in-one payment device launched

The company plans to launch the product in over 100 cities in the first phase and further scale it to more than 450 cities over the next six months.

April 23, 2024

RBI proposes cash deposits through UPI; widens digital currency for retail

RBI has also proposed making UPI payments through Prepaid Payment Instruments (PPI) wallets.

April 5, 2024

“Transformation occurred due to honesty, consistency in our efforts”: PM Modi lauds RBI

While addressing the commemoration ceremony for 90 years of the RBI, the Prime Minister said that when the decisions are right, the policies bear the right fruit.

April 1, 2024

Flipkart launches its UPI handle to boost India’s digital economy vision

In its first phase, Flipkart has partnered with Axis Bank, wherein users can register for UPI with @fkaxis handle for their digital transactions using the Flipkart app.

March 3, 2024