Bharat Express

UPI

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

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.

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

The average daily transaction amount peaked at Rs 66,903 crore, with an average daily transaction count of 463 million throughout June.

India achieves an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by Financial Action Task Force (FATF).

India's digital journey is booming, with a significant rise in consumer spending through digital transactions, mainly using the UPI.

Numerous customers reported having issues making UPI payments using well-known apps like Paytm, BHIM, PhonePe, and Google Pay.

French President Emmanuel Macron recently visited India as Chief Guest for the Republic Day Parade

Prime Minister Narendra Modi on Sunday urged the country to rely more on digital payment methods and UPI apps for conducting business

The identical video that Piyush Goyal posted was also shared by Anand Mahindra. It depicts a man outlining the UPI-ATM cash withdrawal process.