Mumbai: UPI transactions reached a new peak in July 2025, with a record 1,947 crore transactions worth nearly Rs 25.1 lakh crore. This marked a 35% year-on-year growth in transaction…
CHENNAI: Coins are going for a toss, literally. Thanks to a substantial jump in UPI transactions, the value and volume of coins in circulation is witnessing a dip YoY.An analysis…
MUMBAI: The Payments Council of India (PCI) which represents digital payments companies has written to Prime Minister Narendra Modi, seeking introduction of merchant discount rate (MDR) on UPI transactions and…
Introduction of platform fees for bill payments by Google Pay indicates a wider movement towards monetising UPI transactions. Google Pay, a prominent UPI (Unified Payments Interface) platform, has begun implementing…
NEW DELHI: The Ministry of Finance on Saturday revealed that the Unified Payments Interface (UPI) completed 15,547 crore transactions between January and November 2024. These transactions amounting to Rs 223…
MUMBAI: National Payments Corporation of India (NPCI), the organisation driving innovation and powering India' s digital payment revolution, has announced a partnership with The Times of India (TOI) to launch…
HDFC Bank customers, attention! If you are experiencing temporary disruptions to online banking services, fret not! The bank has scheduled a system upgrade for Saturday, July 13, which has temporarily…
Mukesh Ambani's Jio Financial Services has introduced a new super-app for digital banking and payment services that will take on competitors including Google and Amazon in a crowded Indian market.The…