UPI Transactions Reach Record High in December 2024
UPI transactions hit a new peak in December 2024, with 16.73 billion transactions recorded, marking an 8% increase from November. UPI processed around 172 billion...
Tag : UPI
WhatsApp Pay to Launch for All Users as NPCI Lifts Onboarding Limit
The National Payments Corporation of India (NPCI) has lifted the UPI user onboarding limit for WhatsApp Pay, making it available to all users from now...
Dream11 Parent Launches UPI Payments App DreamX Just Before IPL23 Kicks Off
Dream Sports, the parent company of India’s largest fantasy sports platform, Dream11, launched a mobile payments app called DreamX on March 30, 2023, just a...
Merchants to Pay 1.1% Charge for Wallet Payments, UPI Payments Remain Free
Starting April 1, The National Payments Corporation of India (NPCI) will levy an interchange fee on Unified Payments Interface (UPI) transactions of more than Rs...
PhonePe Becomes First Indian Fintech to Allow UPI Payments Overseas
PhonePe, which has the largest market share by UPI transactions, now supports international payments, and Indians travelling abroad can pay foreign merchants through UPI. It...
UPI Lite Launched for Offline Transactions with UPI on RuPay Credit Cards, BBPS Cross-Border Payments
On Tuesday, the Reserve Bank of India (RBI) launched UPI Lite for feature phones, allowing Indian users to enable offline transactions with minor restrictions. RBI...
Bajaj Finserv Shares Fall After FinMin Says No Fees for UPI Transactions
Shares of Bajaj Finserv fell nearly 3% a day after the Finance Ministry said it would not consider charging any fees for transactions made through...
NRI Can Now Pay Bills Directly in India
The Reserve Bank of India allows non-resident Indians (NRIs) to pay bills directly in India. Now cross-border remittance payments. By enabling the Bharat Bill Payment...
WhatsApp Partners with RazorpayX to Power Seamless Cashback Transactions via UPI
WhatsApp Payments launches a cashback campaign for users nationwide. RazorpayX, Razorpay‘s new banking arm, has become a technology partner for WhatsApp payments, providing users across...
Bajaj Finance Partners with Worldline India for POS Payments
Bajaj Finance Limited, the lending arm of Bajaj Finserv Limited, has partnered with global payment services company Worldline to develop a point-of-sale (POS) payment acquiring...
