This move is part of efforts to ensure the integrity and security of the UPI ecosystem, which has seen tremendous growth in ...
UPI is the world’s most popular real-time payments system and processes over 16 billion transactions every month worth over ...
Nikhil Kamath, co-founder of Zerodha has said that the Unified Lending Interface (ULI) will have a greater impact than the ...
Market regulator Securities and Exchange Board of India (Sebi) is considering creating a unique Unified Payments Interface ...
SEBI plans to introduce unique UPI addresses for registered intermediaries to ensure secure payments and prevent fraud.
Finance Minister Nirmala Sitharaman will announce the Union Budget. The National Payments Corporation of India (NPCI) has ...
The Economic Survey 2025 highlights UPI’s rapid adoption, noting that financial inclusion can drive literacy, not the other ...
As digital payments morph into strategic assets, India is offering a template for other nations seeking to reduce dependence on Western payment networks. India's rival payment networks -- UPI and ...
This dynamic growth is driving three key priorities for paytech leaders: expanding market share, achieving sustainable ...
Unified Payments Interface (UPI) accounted for 83% of India's digital payment volume in 2024, growing at a five-year compounded annual growth rate (CAGR) of 89.3%.
Digital transactions in India surged, led by UPI, with significant growth in volume and value, per RBI report.
At a macro level, the volume of UPI transactions increased from 375 crore in 2018 to 17,221 crore in 2024, whereas the total ...