UPI Processes ₹223 Lakh Crore In 2024, Drives India’s Digital Payment Revolution
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.
UPI Continues To Dominate World Of Digital Payment
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 Reach New Heights With 38% Growth In November
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).
RBI Boosts UPI Tax Payment Limit To Rs 5 Lakh, Introduces New Payment Feature
The Reserve Bank of India (RBI) has announced a substantial increase in the limit for tax payments via the Unified Payments Interface (UPI).
Over 1.73 Lakh Panchayats Now Using UPI for Digital Payments: Union Minister
The unified payments interface (UPI) technology is rapidly expanding across India. Over 1.73 lakh panchayats are now UPI-enabled, allowing them to collect digital payments.
UNGA President: India’s Digital Revolution Lifts 800 Million Out Of Poverty
Under the leadership of Prime Minister Narendra Modi, India has committed to expanding digital transactions, leading to remarkable growth in the sector over the past decade
UPI Transactions Surge 49% YoY In June, Average Daily Volume Hits Record High
The average daily transaction amount peaked at Rs 66,903 crore, with an average daily transaction count of 463 million throughout June.
FATF Commends India’s Anti-Money Laundering Efforts, Urges Swift Prosecution Following Mutual Evaluation Report
India achieves an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by Financial Action Task Force (FATF).
India’s Digital Payments Boost Spending
India's digital journey is booming, with a significant rise in consumer spending through digital transactions, mainly using the UPI.
Netizens Comes To Social Media As They Fail To Make Bank Transfers
Numerous customers reported having issues making UPI payments using well-known apps like Paytm, BHIM, PhonePe, and Google Pay.
