Doha: In a major boost for Indian travelers and expatriates, Unified Payments Interface (UPI) has officially been launched in Qatar through a partnership between NPCI International Payments Limited (NIPL) and Qatar National Bank (QNB). With the rollout, payments at duty-free stores can now be made simply by scanning QR codes, removing the need to carry Read More…
The National Payments Corporation of India (NPCI) is preparing to make UPI work like an ATM, allowing users to withdraw up to ₹10,000 in cash through business correspondents (BCs) across India. The new system will use QR codes for withdrawals. Users can simply open their UPI app, scan the QR code provided by a business Read More…
The National Payments Corporation of India (NPCI) has increased the UPI transaction limit to ₹10 lakh per day for select high-value categories starting September 15. The revision will benefit payments such as taxes, insurance premiums, EMIs, capital market investments, travel bookings, jewellery purchases, and government e-marketplace transactions, making it easier for users to handle large Read More…
New Delhi: The era of free UPI transactions could soon come to an end. In a significant statement, RBI Deputy Governor Sanjay Malhotra hinted that users of digital payment platforms like PhonePe and Google Pay may soon have to pay for UPI services, as the government considers a sustainable funding model for the booming payment Read More…
On April 2, 2025, users across India encountered widespread disruptions in Unified Payments Interface (UPI) services, particularly on Google Pay (GPay), Paytm, and the State Bank of India (SBI). According to Downdetector, reports of failed transactions surged throughout the day, peaking between 5:00 PM and 8:00 PM IST. Around 54% of Google Pay and Paytm Read More…
From February 1, 2025, UPI transactions will be blocked for apps that use special characters in transaction IDs, following new guidelines issued by the National Payments Corporation of India (NPCI). The move is aimed at boosting security, streamlining payments, and reducing fraud risks by enforcing a standardized format for transaction identification. Banks and payment providers Read More…
Bengaluru: Karnataka State Road Transport Corporation (KSRTC) has introduced a convenient cashless ticketing system, allowing passengers to pay for tickets through UPI as well as debit and credit cards. As part of this modern initiative, KSRTC buses are now equipped with advanced Electronic Ticketing Machines that make transactions faster and hassle-free, aiming to improve travel Read More…
India has witnessed a remarkable shift towards cashless transactions, with digital payments more than doubling between 2021 and 2024, according to the latest report from the Reserve Bank of India (RBI). The surge is attributed primarily to the widespread adoption of the Unified Payments Interface (UPI), which has become particularly popular for small-value transactions due Read More…