As UPI continues to expand globally, it is setting new standards for digital payments, driven by a host of groundbreaking ...

Before 2022, merchants had to pay a nominal fee, called the merchant discount rate (MDR), to banks for processing UPI and ...

The initial focus of the Unified Lending Interface is to provide small-ticket loans and improve collection efficiency ...

India has voiced its willingness to share with the world its experiences of using digital public infrastructure to bridge the gender digital divide, as top UN leaders lauded measures taken by the ...

Prime Minister Narendra Modi has set 2047, the centenary of India's Independence, as the target date for the country to ...

The government may introduce a tiered pricing system for UPI transactions, where larger merchants would incur higher charges, ...

Unified Payments Interface (UPI) demonstrates transformative potential for global adoption, with 17 billion transactions in ...

The meeting was attended by the new RBI Governor and senior officials of the apex bank. Senior executives from the payments, ...

The RBI will also continue its engagement in a multilateral project called Project Nexus, to enable instant cross-border ...

In an exchange filing, the company said Paytm UPI now supports UPI Trading Blocks, a feature that aims to simplify the ...

RBI Governor emphasizes need for expanding digital payments in India, focusing on awareness, efficiency, and innovation for ...