Tag: Unified Payments Interface (UPI)

“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

Regulations enabled India to be global benchmark in fintech: Razorpay’s Harshil Mathur

“We firmly believe that regulations in the fintech industry have enabled India to become a global benchmark in the sector,” Mathur emphasised.

February 26, 2024

Merchants across India continue to use Paytm & its pioneering devices

Merchants including medium and small enterprises are rapidly adopting new-age payment technology in order to offer hassle-free shopping experiences to their customers.

February 22, 2024

“India and Mauritius share strong cultural, commercial and people-to-people ties”: PM Jugnauth at launch of UPI linkage

The Mauritian PM also expressed gratitude to the Union government for its support in leveraging digital transformation in the island country.

February 13, 2024

“Special day for 3 friendly countries in Indian Ocean region”: PM Modi on launch of UPI services in Sri Lanka, Mauritius

As launch took place, the first UPI transaction was conducted by an Indian national in Mauritius. Separately, an Indian national in Sri Lanka also conducted the first UPI transaction.

February 12, 2024

“Significant step towards taking UPI global”: PM Modi on launch of UPI at Eiffel Tower

The UPI was formally launched at the Republic Day reception held in France.

February 3, 2024

Cheap and idle money moving out of banking system and chasing returns

India is a young population and the per capita GDP has crossed the $2,000-mark and stands at approximately $2,200.

January 28, 2024

Key UPI transaction changes that come into effect in New Year

The National Payments Corporation of India (NPCI) have instructed payment apps to deactivate inactive UPI IDs that have not been active for more than one year.

January 2, 2024