Come February 1 and no Unified Payments Interface (UPI) payment app can use special characters for generating transactions ...

Finance Minister Nirmala Sitharaman will announce the Union Budget. The National Payments Corporation of India (NPCI) has ...

Cred and MobiKwik launch India's first CBDC wallets. But are they better than UPI? We break down the pros and cons of RBI’s digital rupee.

UPI has witnessed tremendous growth in India's digital payments landscape, with its share surging from 34% in 2019 to an ...

The Economic Survey 2025 highlights UPI’s rapid adoption, noting that financial inclusion can drive literacy, not the other ...

This move is part of efforts to ensure the integrity and security of the UPI ecosystem, which has seen tremendous growth in ...

UPI is the world’s most popular real-time payments system and processes over 16 billion transactions every month worth over ...

The Reserve Bank of India (RBI) has issued guidelines permitting cooperative banks to act as merchant acquirers on the ...

Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as on September 2024, ...

UPI transactions using IDs with special characters will be declined. Update your app to comply with the new NPCI rule.

To standardise generating UPI transaction IDs, the NPCI has announced that starting February 1, such IDs will no longer be ...

The NPCI this month stated that while most participants in the UPI ecosystem have already complied with the technical standards, a few continue to use non-compliant formats. To address this, the ...