Thursday, May 22, 2025

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December 3, 2024 5:02 PM

UPI transactions may reach 25 billion by 2025

India’s Unified Payments Interface (UPI) reached a milestone in October, recording 16.58 billion financial transactions in a single month, reflecting a 45% year-on-year growth from 11.40 billion transactions in October 2023. With ₹23.49 lakh cror...

November 24, 2024 3:52 PM

Internationalisation of UPI progressing rapidly: RBI

The internationalisation of the unified payments interface (UPI) is progressing rapidly, as India emerges as a world leader in leveraging digital technologies for transformative change, according to a Reserve Bank of India (RBI) report. The UPI hit ...

August 8, 2024 5:35 PM

RBI increases UPI payment limit from Rs 1 lakh to Rs 5 lakh

The Reserve Bank of India (RBI) has provided major relief to UPI consumers. The central bank has increased the limit for making payments through UPI from Rs 1 lakh to Rs 5 lakh. Addressing the media after the three-day bimonthly Monetary Policy Comm...

May 6, 2024 4:08 PM

India, Ghana strengthen ties at 4th joint trade committee meeting

The 4th session of the India-Ghana Joint Trade Committee (JTC) recently concluded in Accra, with both nations resolving to enhance bilateral trade and investment cooperation. According to a press release from the Ministry of Commerce and Industry, d...

March 21, 2024 11:43 AM

Digital payments soar as more Indians opt for UPI

India is witnessing a surge in digital payments as more people are opting for online transactions. In February alone, transactions through the Unified Payments Interface (UPI) soared to an impressive Rs 18.2 lakh crore, totaling 122 crore transaction...

March 9, 2024 10:05 AM

Nepal welcomes UPI for seamless transactions with India

With NPCI International Payments Ltd (NIPL), the international arm of NPCI and Fonepay Payment Service Ltd, Nepal’s largest payment network, announcing Unified Payment Interface (UPI) for cross-border transactions between India and Nepal is live no...

 

Last updated on: 22nd May 2025