Bharat Express

UPI

Shares of One97 Communications Ltd, the parent company of Paytm, dipped slightly on Tuesday after a massive trade involving 1.7 crore shares.

India has emerged as a global pioneer in building digital public infrastructure that empowers citizens and boosts transparency.

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 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.

UPI transactions reached an all-time high of 16.73 billion in December 2024, marking an 8% increase from the 15.48 billion transactions recorded in November 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.

According to data released by the National Payments Corporation of India (NPCI), UPI recorded a total of 16.5 billion transactions in October.

UPI transactions saw a record 15.48 billion transactions in November, marking a 38% year-on-year growth, according to data from the National Payments Corporation of India (NPCI).

The Reserve Bank of India (RBI) has announced a substantial increase in the limit for tax payments via the Unified Payments Interface (UPI).