Daily Latest News
UPI Down: Hundreds of users across India are facing difficulty to make payments via Paytm, Google Pay (GPay), and PhonePe. Many have reported failed transactions, delays, and error messages while trying to complete payments. The issue seems to be affecting users in multiple regions. The issue gained widespread attention, with around 850 users reporting problems…
India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth by enabling underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time, according to a new study by IIM and ISB professors. The authors said that the success of UPI can be replicated in…
New Delhi: The mega success story of Unified Payments Interface (UPI) continues, and it would be no surprise if the number of UPI transactions touches 25 billion a month towards the end of 2025, industry experts said on Monday. After reaching a record high in October 2024 of 16.58 billion transactions and a value of…
UPI Apps New Rules: To make UPI payment more simple, major changes are going to happen in UPI Lite from November 1. Reserve Bank of India (RBI) has introduced auto top-up facility as well as UPI Lite to simplify the process. Has announced an increase in the transaction and wallet limit of Rs. 1000. Now…
New Delhi: India and the Maldives have just agreed to introduce UPI (Unified Payments Interface) across the Maldives. External Affairs Minister S. Jaishankar announced on Friday that this will make it easier for tourists to pay for things, boosting travel to the islands and helping the local economy. During a recent meeting with Maldivian Minister…