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Last Updated:January 04, 2026, 12:31 IST UPI hit a record 21.6 billion transactions in December 2025, driving India’s digital payments with Rs 28 lakh crore value and 29.3 percent annual growth. UPI Ends 2025 at All-Time High as December Volumes Hit 21.6 Billion India’s digital payments ecosystem closed 2025 on a strong note, with UPI…
Last Updated:November 02, 2025, 3:56 PM IST UPI managed by NPCI hit a record 20.70 billion transactions in October 2025, with a single-day peak of 754.37 million. UPI India’s flagship real-time digital payments system, the Unified Payments Interface (UPI), managed by the National Payments Corporation of India (NPCI), recorded 20.70 billion transactions in October 2025,…
New Delhi: The Unified Payments Interface (UPI) is witnessing a festive season boom, with the average daily transaction value in October jumping 13 per cent over September to reach Rs 94,000 crore, according to data from the National Payments Corporation of India (NPCI). With more than a week still left in the month, UPI is…
With highlighting the efficiency of the banking ecosystem, he proudly said that- “Today, I am very proud to say that an SME customer with a loan requirement of up to Rs 5 crore can get approval within 25 to 26 minutes. This has been made possible essentially because of the humongous digital landscape we have…
New Delhi: While near-term risks to economic activity, principally exports and capital formation remain due to tariff-related uncertainties, the government and the private sector, acting in tandem and concert, can keep the disruptions to a minimum, the Finance Ministry’s ‘Monthly Economic Review’ said on Wednesday. Going ahead, the robust macroeconomic fundamentals continue to bolster the…
New Delhi6 minutes ago Copy link Unified payment interfaces, UPI users, can get the facility to make payment through the soon given face or fingerprint. According to media reports, the National Payment Corporation of India (NPCI), which operates UPI, is preparing to provide payment facility through biometric soon. After this, the need for PIN to…
New Delhi: The government has reiterated that there is no plan to levy goods and services tax (GST) on unified payments interface (UPI)-based transactions exceeding Rs 2,000. Pankaj Chaudhary, Minister of State of Finance, said in the Rajya Sabha that “there is no recommendation of levying GST on UPI transactions of over Rs 2.000 from…
New Delhi: India has emerged as the global leader in fast payments, as UPI processed over Rs 24.03 lakh crore in payments through 18.39 billion transactions in June, according to a note by the International Monetary Fund (IMF) on Sunday. In June last year, 13.88 billion UPI transactions were done while 18.39 billion in the…
Last Updated:July 16, 2025, 06:58 is NPCI’s new UPI chargeback rules, effective July 15, 2025, aim to enhance user experience and trust. UPI chargeback rules comes into effect from today. The National Payments Corporation of India’s (NPCI) newly introduced UPI chargeback rules, effective from July 15, 2025, are expected to significantly improve user experience and…
Last Updated:June 12, 2025, 08:34 is UPI Charges News: MDR is a fee that banks typically charge merchants for processing payments instantly. Fin Ministry denies claims that MDR will be charged on high-ticket transactions soon. UPI Charges News: Rumours on social media have been swirling that the Unified Payment Interface (UPI) might become more expensive…