Tag: Unified Payments Interface

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UPI-enabled credit cards see 20% monthly transaction growth, RuPay market share up to 12%: report

RuPay’s Unified Payments Interface-enabled credit cards are seeing a 20% increase in average monthly transactions, according to a report by UPI startup Kiwi.The...

What’s in NPCI’s wallet? A plan to unclog banking channels

The National Payments Corporation of India (NPCI) is considering a lower, uniform interchange fee to encourage mobile wallet companies to step up their...

India at the cusp of a digital payments revolution: NPCI head Dilip Asbe

Digital payments in India are gaining immense traction, becoming a muscle memory for people in their daily transactions, Dilip Asbe, managing director and...

UPI is a marvel for the world: PM Modi on Nikhil Kamath podcast

India's Unified Payments Interface (UPI) is a marvel for the world, prime minister Narendra Modi told Zerodha cofounder Nikhil Kamath on his podcast....

Affluent Indians financial activity: Affluent Indians see surge in financial activity, says Cred

India's affluent class is witnessing a surge in financial activity, with the median individual managing over 434 peer-to-peer (P2P) banking transactions annually and...

WhatsApp Pay: NPCI removes 100-million-users cap on WhatsApp Pay

The National Payments Corporation of India has removed the limit on WhatsApp Pay for adding new users to its Unified Payments Interface (UPI)-based...

NPCI UPI volume cap: NPCI extends proposed 30% UPI market share cap deadline by another two years

The National Payments Corporation of India ( NPCI) has extended its proposed 30% market share cap on each Unified Payments Interface (UPI) player...

UPI One World: P2P payments being evaluated for UPI One World: sources

The UPI One World service, which foreign travellers in India use for Unified Payments Interface-based transactions at merchant locations, may be opened up...

UPI adoption: UPI enabled significant expansion of credit among underserved borrowers: study

Unified Payments Interface (UPI) has brought in a significant expansion of consumer credit among the underserved borrowers who had no credit history, a...

upi: ‘India’s success with UPI offers replicable model for other nations’

India's success with UPI offers a replicable model for other nations, a paper written by noted experts asserted, arguing that how this indigenous...