Debadatta Chand also said banks along with regulator are working on CBDC to create the ease of doing transaction that can be ...

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UPI has become a dominant force in India's digital transactions, accounting for over 80 per cent of them. It transformed how ...

The National Payments Corporation of India (NPCI) has enforced a new compliance guideline for Unified Payments Interface (UPI) transactions, stating that any transaction ID containing special ...

From February 1, 2025, a routine UPI payment might not go through—not because of insufficient funds, but due to an unexpected restriction. Any transaction ID containing special characters such ...

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 ...

The Economic Survey 2025 has underscored the transformative role of the Unified Payments Interface (UPI), stating that financial inclusion can come before financial literacy. Despite concerns that a ...

The success of the Unified Payment Interface (UPI) exemplifies this transformation. The UPI recorded a staggering 16.58 billion transactions worth $279.4 billion in October 2024 alone, revolutionizing ...

"India is emerging as a key player in digital technology, with even developed nations taking note of the success of our UPI transaction system," she said The President also emphasized the role of ...

However it is not yet live on popular UPI apps such as PhonePe and Google Pay. UPI Circle allows the primary users to partially or fully delegate payments to a secondary user. With full delegation ...