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Unified Payments Interface (UPI)

  • India

    Uganda gears up to roll out Aadhaar-like ID system, eyes UPI adoption

    by ANI April 12, 2025
    by ANI April 12, 2025

    By Vishu Adhana Uganda is set to roll out an Aadhaar-like digital identification system based on India-developed open-source technology soon, said a senior government official on Saturday. The African country …

  • Economy

    UPI achieves 15,547 crore transactions worth Rs 223 lakh crore from January to November

    by ANI December 14, 2024
    by ANI December 14, 2024

    The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, the Finance Ministry said on Saturday. The ministry, in …

  • Tech

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

    by ANI July 5, 2024
    by ANI July 5, 2024

    India’s Unified Payments Interface (UPI) has expanded its footprint to the heart of Paris, with the flagship store of Galeries Lafayette on Haussmann Boulevard now accepting UPI payments. This landmark …

  • Economy

    India to create a cross-border retail payment platform with four ASEAN countries

    by ANI July 1, 2024
    by ANI July 1, 2024

    India has joined Project Nexus, a multilateral international initiative that aims to enable instant cross-border retail payments through interlinking payment systems of various countries. Nexus was conceptualised by the Innovation …

  • Economy

    Washington’s concerns grow as Indian rupee, yuan accelerate de-dollarisation

    by Mahua Venkatesh April 18, 2023
    by Mahua Venkatesh April 18, 2023

    The hurriedly imposed sanctions by the US on Russia last year are now pinching the US. The move prompted countries such as India and China to aggressively promote their local …

  • Economy

    PM Modi for globalising Indian digital payments model, seeks bigger private sector push in fintech

    by IN Bureau March 7, 2023
    by IN Bureau March 7, 2023

    Prime Minister Narendra Modi today underlined the need to further expand the scope of fintech so that the benefits of India’s economic development reaches every citizen of the country.   …

  • Economy

    India’s UPI being linked with Singapore’s PayNow for instant cash transfer

    by IN Bureau February 20, 2023
    by IN Bureau February 20, 2023

    Prime Minister Narendra Modi and Prime Minister of Singapore, Mr. Lee Hsien Loong, witness the launch of cross-border connectivity between the Unified Payments Interface (UPI) of India and PayNow of …

  • Economy

    RBI gives nod to 32 more firms to operate as payment aggregators

    by IN Bureau February 15, 2023
    by IN Bureau February 15, 2023

    The Reserve Bank of India (RBI) has granted in-principle approval to 32 payment aggregators which include Amazon Pay, Google India Digital Services Pvt Ltd, Infibeam Avenues Ltd, Reliance Payment Solutions …

  • Economy

    Cash driven Indian economy turning into a digital one: SBI

    by IN Bureau November 6, 2022
    by IN Bureau November 6, 2022

    The Indian economy is undergoing a structural transformation, as the country’s cash dominated economy is gradually turning into a digital economy driven by smart-phone lead payment economy, a report by …

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