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 transactions
Truecaller Launched UPI Verification for Premium Users in India
Truecaller now allows users to verify their identity using UPI-based verification, which provides a layer of trust and authenticity to digital communication. The Verified Badge...
RBI Raised Transaction Limit for UPI 123Pay to Rs 10,000 and for UPI Lite Wallet to Rs 5,000
During the Monetary Policy Committee (MPC) announcement, Das stated that the per-transaction limit for UPI 123Pay will be increased from Rs 5,000 to Rs 10,000,...
Navi Overtakes Amazon Pay and Emerges as Fifth Largest UPI Player
According to data from the National Payments Corporation of India (NPCI), Sachin Bansal’s fintech company Navi Finserv has surpassed Amazon Pay to become the fifth-largest...
Swiggy UPI Allows Users to Conduct UPI Transactions Directly within Swiggy App
Swiggy has introduced Swiggy UPI, a new feature simplifying its users’ in-app payment process. By incorporating the UPI Plugin solution from the National Payments Corporation...
Razorpay Launches Instant Refunds Feature for Failed UPI Transactions
On Monday, Razorpay launched an ‘instant refunds’ feature on failed unified payments interface (UPI) transactions in the country. The fintech platform said that the solution...
RBI Allows UPI to be Linked to Credit Line Pre-Sanctioned by Banks
On Thursday, the Reserve Bank of India (RBI) proposed expanding the scope of the Unified Payments Interface (UPI) digital payment system to allow transfers in/out...
Paytm Payments Bank Goes Live with UPI LITE to Facilitate Small UPI Transactions
On Wednesday, Paytm Payments Bank Limited (PPBL) said it had enabled UPI LITE, a feature enabled by the National Payments Corporation of India (NPCI) for...
Fintech Industry CAGR At 20% With 23 Unicorns
Fintech India has a growing industry to grab a sizable chunk in the global fintech sector, states’ States of Fintech Union 2022′ reported by the...
Slice Launches UPI In Big Payments Bet as Fintech Moves Beyond Credit
Tiger Global-backed fintech unicorn Slice has launched Unified Payments Interface (UPI) on its platform as it looks to tap into India’s multi-trillion-dollar payments market, an...
