The National Payments Corporation of India's (NPCI) low-value transaction payment method, UPI Lite, recorded 2.04 million transactions daily, valued at Rs 20.02 crore in December 2024.

On the second front, UPI Lite, which was launched in September 2023, already allows offline money transfers. As long as both parties have LITE X wallets, users can send up to Rs. 500 to each other ...

PhonePe accounted for more than 48% of the total UPI transactions in January, followed by Google Pay with 36.91% Paytm’s share in UPI transactions dipped to 6.87% in January from 6.97% in ...

PhonePe accounted for more than 48% of the total UPI transactions in January, followed by Google Pay with 36.91% Paytm’s share in UPI transactions dipped to 6.87% in January from 6.97% in ...

UPI Lite Auto Top Up: If the money runs out in your UPI Lite, then how will the money be auto topped up in it? Let us tell you the easiest way to do this. UPI Lite Auto Top Up: In the year 2016 ...

In 2024, the central bank also increased the transaction limit of the UPI Lite Wallet to INR 5,000 from INR 2,000. Along with this, the offline transaction limit for UPI Lite service was ...

Unified Payments Interface, or UPI, is one of the most convenient ways to carry out a transaction. Merely by scanning a QR code or by entering a few keys into your smartphone, you can transfer the ...

NPCI aims to standardise the process for generating UPI transaction IDs. The National Payments Corporation of India (NPCI), a public sector company that operates retail payments and settlement ...

A couple of years back, a new opportunity emerged for fintech startups: Rupay credit cards that can be linked to the unified payments interface (UPI), which has become a popular payment method.

With the advancement in technology, these feature phones are now coming up with built-in UPI to meet the needs of consumers. Let's take a look at some of the Feature phones with UPI support ...

NPCI, via RuPay Credit Card on UPI, enables users to link their RuPay credit cards to UPI accounts to make transactions. The petitioner has claimed that one of its directors and his two children ...