digital payments

New Delhi, April 11 – As India’s Unified Payments Interface (UPI) celebrates its 10th anniversary on Saturday, the government announced that the country now accounts for 49% of global real-time payment transactions.The instant payments system processed 21.70 billion transactions in January...

New Delhi, April 10 – India’s digital payment system, the Unified Payments Interface (UPI), is set to celebrate its 10th anniversary on April 11, after experiencing a 12,000-fold increase in volume and over 4,000-fold increase in value.According to data from analytics firm Tracxn, the payment...

New Delhi, April 10. Kenya has adopted India’s digital public infrastructure (DPI), including UPI-style instant payments and DigiLocker-style digital document storage, to supercharge its governance structure, a new report has said.Kenya’s administrative system, plagued by bureaucratic delays...

New Delhi, April 7 – More than 70 per cent of consumers said they would continue using quick commerce platforms even if discounts were reduced, indicating a shift towards speed and convenience over price in everyday purchases, according to a report released on Tuesday.Local grocery stores...

New Delhi, April 6 – The Unified Payments Interface (UPI) processed 228.5 billion transactions in 2025, marking a 33 per cent year-on-year increase, while the total transaction value reached Rs. 299.74 trillion, a report said on Monday.The Worldline report stated that UPI's growth was...

New Delhi, April 4: The share of micro, small, and medium enterprises (MSMEs) in India's GDP will rise to 40 per cent by 2030, from about 30 per cent currently, a report said on Saturday.The report from B2K Analytics stated that India's GDP is projected to reach Rs 537.96 trillion by 2030 if...

New Delhi, April 2 Transactions through the Unified Payments Interface (UPI) reached a record high of 22.64 billion in terms of volume in March."UPI achieves 22.64 billion transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward. Let's...

Thane Civic Bodies Report Strong Rise in Tax Collections for FY26 Amid Digital Push and Recovery Drives Thane, April 2: Civic bodies across Maharashtra’s Thane district have reported a notable increase in tax collections for the financial year 2025-26, supported by intensified recovery efforts...

New Delhi, April 1: Digital payment services experienced disruptions across India on Wednesday, leaving many users unable to complete transactions through UPI platforms.According to outage tracking platform Downdetector, complaints surged sharply during the day, indicating a widespread issue...

New Delhi, March 31: Road users across India will no longer be able to pay toll fees in cash from April 1 as the National Highways Authority of India (NHAI) switches to a fully digital payment system.As a major step towards modernizing highway travel, NHAI will implement a complete ban on cash...

India Achieves Near-Universal Banking Access with 99.92% Village Coverage Banking Outlets Reach Almost All Inhabited Villages New Delhi, March 30: Nearly 99.92 percent of inhabited villages across India now have access to a banking outlet within a five kilometre radius, the Parliament was...

RBI Mandates Two Factor Authentication for Digital Payments from April 1, 2026 New Delhi, March 29: Digital payments in India are set for a major security upgrade from April 1, 2026, as the Reserve Bank of India introduces stricter authentication norms aimed at curbing rising online fraud.Two...

New Delhi, March 25 Businesses can now use UPI, debit or credit cards to pay customs duty on the ICEGATE portal, the Central Board of Indirect Taxes and Customs (CBIC) has said.The CBIC, in a circular, stated that the ICEGATE e-Payment platform has enabled a "Payment Aggregator" as an...

BHIM App Introduces Biometric Authentication for UPI Payments Up to Rs 5,000 NPCI Subsidiary Rolls Out Fingerprint and Face Unlock Feature New Delhi, March 24: NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has introduced a...

New Delhi, March 23 DBS Bank India announced the launch of its direct tax payment facility on Monday, following authorization from the Central Board of Direct Taxes (CBDT).The bank will now be able to collect direct tax payments on the TIN 2.0 platform, in addition to its existing capability...

BharatPe Appoints Himanshu Verma as Head of POS Business to Drive Offline Payments Growth Leadership Move Aims to Strengthen Merchant Adoption and Distribution New Delhi, March 19: Fintech firm BharatPe on Thursday announced the appointment of Himanshu Verma as the Head of its Point-of-Sale...

RBL Bank Named Collecting Bank for XED Executive Development IPO at GIFT City IPO Marks First Public Offering from IFSC at GIFT City RBL Bank on Tuesday announced its appointment as one of the collecting banks for the proposed Initial Public Offering of XED Executive Development Ltd. The...

UPI Expansion in Sri Lanka: NPCI International Strengthens Digital Payments for Indian Tourists Seamless UPI Payments to Boost Travel Experience in Sri Lanka New Delhi, March 17: NPCI International Payments Limited, the global arm of the National Payments Corporation of India, on Tuesday...

RBI Proposes New Rules to Strengthen Customer Protection in Digital Transactions RBI Issues Draft Amendment on Customer Liability for Digital Payments The Reserve Bank of India has released a draft amendment to the rules governing customer liability in digital banking transactions. The proposal...

India UPI Transactions Hit Record Daily Volumes in February 2026 Despite Sequential Dip UPI Maintains High Momentum as Daily Transactions Reach All Time High India’s Unified Payments Interface continues to demonstrate structural strength, with daily transaction volumes touching an all time high...