Upi
- INDIAINDIA · 2 min
PhonePe launches UPI payments for feature phones in India
PhonePe, a Walmart-owned fintech company, has launched UPI payments for feature phones in India, enabling over 20 crore users to make digital transactions without internet access.
31 Aug, 07:28 pm IST - INDIAINDIA · 2 min
NPCI to enable UPI AutoPay mandate portability across apps
The National Payments Corporation of India (NPCI) is set to allow users to port their existing UPI AutoPay mandates across different UPI apps and merchants.
31 Aug, 01:28 pm IST - INDIAINDIA · 2 min
Rediff.com India to launch RediffPay UPI app this August
Rediff.com India is set to launch its UPI-based consumer payments app, RediffPay, as soon as August, following several months of closed user group testing.
26 Aug, 03:29 pm IST - INDIAINDIA · 2 min
French tourist praises India’s UPI payments culture in viral video
A French tourist has praised India’s Unified Payments Interface (UPI) system in a viral video, highlighting the ease of making small payments via QR codes.
26 Aug, 09:28 am IST - INDIAINDIA · 1 min
Navi’s FY26 losses rise fourfold to Rs 466 crore on UPI push
Navi reported a fourfold increase in losses for fiscal year 2026, reaching Rs 466 crore, driven by a significant push into the Unified Payments Interface (…
18 Aug, 07:28 am IST - INDIAINDIA · 2 min
Apple Pay to launch in India by October without UPI support
Apple Pay is expected to launch in India by October 2026, initially supporting only Visa and Mastercard credit cards and excluding UPI, according to medianama.com.
12 Aug, 07:29 pm IST - INDIAINDIA · 2 min
Tamil Nadu petrol pumps threaten UPI boycott over account freezing
Petrol pump operators in Tamil Nadu have threatened to stop accepting UPI and other digital payments across the state due to bank accounts being frozen ami…
12 Aug, 05:29 pm IST - POLICYPOLICY · 2 min
Parliament clears taxation bill enabling MDR on certain UPI payments
The Indian Parliament cleared The Taxation and Other Laws (Amendment) Bill, 2026, which could pave the way for introducing a merchant discount rate (MDR) on certain UPI payments.
10 Aug, 11:28 pm IST - POLICYPOLICY · 2 min
Finance ministry says UPI charges will apply only to select merchants
The finance ministry clarified that any future Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions will apply only to sel…
10 Aug, 03:29 pm IST - INDIAINDIA · 2 min
India clears path to charge MDR on UPI transactions
The Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026, on August 6, enabling the introduction of a Merchant Discount Rate (MDR) on some U…
09 Aug, 01:28 pm IST - INDIAINDIA · 2 min
Payments Council confirms UPI will remain free for consumers
The Payments Council of India (PCI) has confirmed that Unified Payments Interface (UPI) transactions will continue to be free for consumers despite recent legislative changes.
08 Aug, 05:28 pm IST - INDIAINDIA · 2 min
FM Sitharaman says MDR on UPI will impact businesses, not users
Finance Minister Nirmala Sitharaman stated that the merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions will affect businesses rather than users.
07 Aug, 01:29 am IST - POLICYPOLICY · 2 min
RBI governor says UPI MDR talks premature amid government amendments
Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that discussions on reintroducing the merchant discount rate (MDR) for UPI transactions are premature.
06 Aug, 03:29 pm IST - POLICYPOLICY · 2 min
Indian government moves to reinstate UPI merchant discount rate
The Indian government is preparing to amend the Payment and Settlement Systems Act to reintroduce the merchant discount rate (MDR) on Unified Payments Inte…
04 Aug, 07:29 pm IST - INDIAINDIA · 2 min
UPI transactions rise 4% to 23.7 billion in July
Unified Payments Interface (UPI) transactions in India increased by 4% month-on-month to reach 23.66 billion in July, up from 22.72 billion in June, accord…
01 Aug, 03:28 pm IST - POLICYPOLICY · 2 min
NPCI mandates masking phone numbers on UPI apps by September 2026
The National Payments Corporation of India (NPCI) has directed all banks and UPI applications to mask customers' full mobile numbers during transactions, w…
30 Jul, 05:29 pm IST - STARTUPSSTARTUPS · 2 min
PayU expands consumer credit with UPI credit lines and Mindgate platform
Prosus-owned fintech PayU is expanding its consumer credit offerings by exploring credit lines on the Unified Payments Interface (UPI) and strengthening it…
28 Jul, 07:28 am IST - INDIAINDIA · 2 min
NPCI develops offline UPI tap-to-pay feature for PoS terminals
The National Payments Corporation of India (NPCI) is creating a new Unified Payments Interface (UPI) feature that enables customers to make payments at mer…
21 Jul, 01:29 pm IST - POLICYPOLICY · 2 min
NPCI explores agentic payments via UPI with Unified Agent Protocol
The National Payments Corporation of India (NPCI) is developing a Unified Agent Protocol to enable AI agents to make payments through the Unified Payments Interface (UPI), Business Standard reported.
10 Jul, 11:22 am IST - POLICYPOLICY · 2 min
Andhra Pradesh HC bars freezing merchant accounts over fraudulent UPI payments
The Andhra Pradesh High Court ruled on June 22 that merchants’ bank accounts cannot be frozen solely because they received Unified Payments Interface (UPI) payments from individuals accused of fraud.
08 Jul, 05:22 pm IST - INDIAINDIA · 2 min
NPCI partners with HSBC and JPMorgan to enable real-time FX rates for UPI abroad
The National Payments Corporation of India (NPCI) signed agreements on July 1 with HSBC India and JPMorgan Payments to enable Indian users to view real-time rupee costs for overseas UPI transactions.
03 Jul, 01:22 pm IST - POLICYPOLICY · 2 min
Hyderabad police warn of children making unauthorized UPI payments in games
Hyderabad Police issued an advisory on June 24 warning parents about a rise in complaints of children making unauthorized payments in online multiplayer ga…
25 Jun, 06:09 pm IST - STARTUPSSTARTUPS · 2 min
Cred nears 10 million biometric UPI users in payments expansion
Cred, the fintech startup founded by Kunal Shah, is approaching 10 million users on its biometric authentication feature for UPI payments, according to an…
19 Jun, 10:08 pm IST - POLICYPOLICY · 2 min
Pine Labs launches AI-driven payments protocol on UPI platform
Pine Labs introduced the Pine Labs Payment Protocol (P3P), an AI-enabled system that allows software agents to make payments on behalf of users without req…
12 Jun, 04:08 pm IST - POLICYPOLICY · 2 min
Nepal-India cross-border UPI payments go live with transaction limits
Nepal Clearing House Ltd. (NCHL) has connected Nepal’s National Payment Interface (NPI) with India’s Unified Payments Interface (UPI), enabling real-time,…
10 Jun, 04:09 pm IST - POLICYPOLICY · 2 min
NPCI to roll out one Soundbox for all UPI apps: What it means for retail payments
The National Payments Corporation of India (NPCI) is developing a unified Soundbox system that will support all UPI apps, enabling merchants to accept paym…
21 May, 12:56 pm IST