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Daily UPI Transactions Hit 596 Million In April; NPCI Tightens Processing Timelines
India's daily Unified Payments Interface (UPI) transactions rose to 596 million in April from 590 million in March, NPCI data showed.
Finance Minister Targets One Billion Daily UPI Transactions Within Three Years
Finance Minister Nirmala Sitharaman on Monday stressed the need to target one billion UPI transactions per day within two to three years.
UPI Becomes A Habit, Not Just A Technology, Says FIDE CEO Sujith Nair
Sujith Nair, CEO and Co-Founder of the Foundation for Interoperability in Digital Economy (FIDE), declared on Friday that UPI has evolved.
India’s Digital Infrastructure Surpasses Silicon Valley, Say Tech Leaders At Rising Bharat Summit
India is leading in digital transformation, with Vivek Wadhwa calling its infrastructure 'ahead of Silicon Valley' at the Rising Summit 2025.
UPI Transactions Surge In March; Crosses Rs 24.77 Lakh Crore
NPCI data shows UPI transactions surged to 18.3 billion in March, marking a 13.59% increase from February's 16.11 billion.
Govt Collects Extra Rs 9,118 Crore As 9 Million Taxpayers File Updated ITRs
The government has raised an additional Rs 9,118 crore in tax revenue from over 9 million updated ITRs filed in the past four years.
Digital Payments Industry Set To Lose Rs 500-600 Crore As Government Withdraws Subsidy On Rupay Debit Cards
The digital payments sector is facing significant financial losses of around Rs 500-600 crore after the government decided to withdraw its subsidy support on RuPay debit cards.
Cabinet Approves ₹1,500 Crore Incentive Scheme For Small Digital Transactions
The Union Cabinet approved an extension of the ₹1,500 crore incentive scheme for small digital transactions on Wednesday.
UPI Breaks Record In January With Over 16.99 Billion Transactions
In Jan 2025, India's UPI saw an all-time high, with transactions surpassing 16.99 billion and a total value exceeding Rs 23.48 lakh crore.
Credit Card Spending Rises 10.8% In January; Led By HDFC & ICICI Bank
Credit card spending rose 10.8% YoY to Rs 1.84 lakh crore in January 2025, led by HDFC Bank and ICICI Bank, RBI data showed.
