The Lok Sabha has passed a Bill enabling the Centre to introduce UPI charges in the future. Here's what the new law means for users, merchants, banks and digital payments.
New Delhi: The Unified Payments Interface (UPI) transaction volumes rose 22 per cent (year-on-year) to 23.66 billion in July, while UPI transaction value surged 19 per cent to Rs 29.88 lakh crore last month, according to data released by the National Payments Corporation of India (NPCI) on Saturday. On an average basis, UPI processed around.
UPI payments are now available for online bookings at Burj Khalifa’s At the Top attraction in UAE, allowing Indian visitors to use familiar digital payment apps before travel.
São Paulo: Brazil’s instant payment system Pix continues to transform the country’s financial landscape, but its rapid growth has not diminished the importance of credit and debit cards. Instead, recent data suggests that both payment methods are developing in parallel, broadening financial inclusion and strengthening the digital payments ecosystem. Card Payments Remain Strong Despite Pix.
New Delhi: India and Vietnam on Wednesday reaffirmed their commitment to strengthening cooperation in the health sector, along with reiterating the significance of linking digital technologies like UPI-based retail payments between the two countries. Focus on Healthcare and Pharmaceutical Collaboration In a joint statement after a press meet here, Prime Minister Narendra Modi and visiting.
Mumbai: The Reserve Bank of India on Thursday released a discussion paper that sets out four options for introducing extra layers of safeguards in digital transactions, which include a lagged credit for authorised push payments above Rs 10,000 in order to check mounting frauds which crossed the Rs 22,930 crore mark in 2025. The other.
In the past decade, India has witnessed a dramatic shift in its payment landscape. The adoption of digital payment platforms, including mobile wallets, UPI, and online banking, has transformed the way Indians conduct financial transactions. The government’s push toward a cashless economy, coupled with technological innovations and widespread internet penetration, has fueled this digital revolution..
Mumbai: The Reserve Bank of India’s (RBI) Digital Payments Index (DPI) rose to 516.76 as of September 2025, up from 493.22 in March 2025, according to an RBI statement issued on Thursday. Growth Driven by Payment Performance, Enablers The RBI said the rise in the index was mainly driven by strong growth in payment performance.
Digital payments in India are often discussed through statistics transaction volumes, user numbers, and technological milestones. Yet their deeper impact is visible in everyday life, where small behavioural shifts are reshaping how people earn, spend, and save. From roadside vendors to small manufacturers, digital payments have become embedded in daily economic activity. The expansion of.
