Page-2 of Topic: UPI
Launch of UPI in UAE
The international arm of the National Payment Corporation of India, NPCI International Payments Ltd (NIPL) has announced that across the UAE, BHIM UPI is live on NEOPAY terminals....
UPI: 500-crore Milestone in Volume
In March 2022, India’s Unified Payments Interface (UPI) has crossed the 500-crore mark in terms of volume and in terms of value it was close to touching the...
123PAY: UPI for Feature phones
On 8th March 2022, Reserve Bank of India (RBI) Governor Shaktikanta Das launched Unified Payments Interface (UPI) for feature phones called “UPI123Pay”. About UPI 123PAY UPI ‘123PAY’ is... India’s UPI Platform in Nepal
The first country to adopt India’s UPI system will be Nepal which will be critical in modernising the neighbouring country’s digital economy. Overview: To deliver the services in...
Digital Government Mission
The Digital Government Mission was launched by the Ministry of Electronics and Information Technology. The mission will deliver government services to the citizens. It will use machine learning...
Digital India: India leads in Digital Payments
The UK based payments system company ACI recently released a report on digital payments. According to the report, India has the highest number of real-time online transactions in...
WhatsApp Pay: NPCI approves WhatsApp to join UPI Payment
On November 6, 2020, the National Payment Corporation of India approved the Facebook owned messaging Application, WhatsApp to “Go Live” on UPI. This is to be achieved through... UPI transactions at record 1.49 billion in July
In the first such case, the Unified Payments Interface based transactions have reached the highest ever tally of 1.49 billion in the month of July whereas the total...
Bengaluru accounts for the highest number of digital transactions in India
As per the recent report by online payment processor Worldline India, Bengaluru accounted for the highest number of digital transactions in India in 2019. Bengaluru, which was the leading city... NPIC to export UPI, sets up subsidiary: RBI Governor
The Unified Payment Interface was introduced in India in 2016. Based on its performance, Google has recommended similar service called FedNow to the US Federal Reserve Board. With... UPI to be launched globally after hitting One Billion transactions in October
The Government of India in its major boost towards cash less digital economy launched the Unified Payments Interface (UPI) channel. The transactions through the channel has reached One...
