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Unified Payments Interface

UPI completes 10 years as PM Modi highlights its massive growth, global reach and impact on India’s digital payments ecosystem.

The government said UPI payments will remain free for consumers, while any future MDR would apply only to select merchant transactions.

PM Modi visits Jordan Museum with Crown Prince Al Hussein, signing MoUs to boost India-Jordan cooperation.

Union Minister Jyotiraditya M Scindia unveiled the UPI–UPU Integration project at the Universal Postal Congress in Dubai.

UPI transactions averaged ₹90,446 crore daily in August, with SBI leading remittances and Maharashtra topping digital payments.

India's digital payments ecosystem continues to witness exponential growth, with online transactions surging rapidly in recent years.

In a remarkable milestone for India’s digital payments ecosystem, Unified Payments Interface (UPI) transactions hit an all-time high in December 2024.

The Unified Payments Interface (UPI) has recorded 15,547 crore transactions worth ₹223 lakh crore from January to November 2024, the Finance Ministry announced on Saturday.

India's success with the Unified Payments Interface (UPI) offers a replicable model for other countries, according to a new paper by experts.

India's UPI has reached a milestone, with transactions hitting 15.48 billion in November, marking a 38% year-on-year growth.