With over 100 million monthly active users in India, and a jump of a whopping 427% in usage between March 2020 and August 2022, the growth of UPI has been colossal. After the staggering success of the first phase, UPI is gearing up for its next phase of growth
If you pay through the NSDL and Income Tax websites, you won't be levied any extra charges. But making payments through your bank's website includes a minor fee
There won't be any extra charges for UPI-enabled cardless cash withdrawals from ATMs.
You need to set up your UPI before making online payments without an internet connection.
Google has made it clear that this development will not cause any changes to the billing system. As per the tech giant, customers will have access to UPI Autopay from the Google Play billing system, and hence, Google will charge a commission of 15-30 percent commission
The Tea shop is in the hamlet of Mana, around 5 km from Badrinath, India’s last village situated at 10,500 feet elevation in Uttarakhand
Das further stated that the government should develop a more robust strategy for maintaining support for UPI transactions.
With countries like Russia shifting its trade from US dollar to ruble, China pushing its trade in yuan, and now India initiating payments and receipts in Indian rupee, a slow process of dedollarisation has begun
Indians can soon pay for transactions through the Unified Payments Interface (UPI) in Europe. They must have an Indian bank account with an activated UPI to avail the facility
The increasing use of UPI apps has also increased the scope for fraud. The SBI has shared some simple tips that can keep your UPI account secure
WhatsApp has now made it simpler for users to send and receive money from friends, family, and anybody they know by combining messaging and payments on one platform.
People face several issues while making a digital payment through UPI as the process sometimes gets paused and can sometimes also fail, leaving the money stuck in between the sender and the receiver
The Centre had mandated a zero-charge framework for UPI transactions from 1 January, which means that charges are currently nil for users and merchants alike. It is one of the key reasons for its widespread adoption across the country
The NPCI International Payments Ltd has forged a partnership with payments solutions provider PayXpert to internationalise the acceptance of UPI payment solutions in the UK
India's digital payment revolution is an inspiration and case study for the entire world to witness
'Outstanding accomplishment', says PM Modi as UPI records 6 billion transactions in July, highest since 2016
Prime Minister Narendra Modi said that digital payments were very much helpful during the COVID-19 pandemic
In April, the Centre launched ONDC in Delhi NCR, Bengaluru, Bhopal, Shillong and Coimbatore in the pilot phase. It is an initiative of the government to promote an open platform for all aspects of the exchange of goods and services through electronic networks
Due to Digital India, over Rs 2 lakh crore of India's money saved from falling into wrong hands: PM Modi in Gandhinagar
Addressing the inauguration event of Digital India Week 2022 at Gandhinagar in Gujarat, PM Narendra Modi said that Digital India has empowered people by making technology more accessible. It has bridged the gap between development and amenities in rural and urban India