UPI Transactions Surge 45% YoY in July to 14.44 Billion Monthly, says NPCI

Digital Payments System in India is Not Just UPI — Here’s a Look at the Entire Digital Payments Universe.

The National Payments Corporation of India (NPCI) has released the latest data on Unified Payments Interface (UPI) transactions for July ...

Millennials, aged 25 to 43 and Gen X, aged 44 to 59, are leading the way in adopting digital payments. (Image Source: Freepik)

New Research Forecast Indian Digital payments to Surge to $7 Trillion by FY30

by Finclusion

July 15, 2024

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India is undergoing a remarkable digital transformation, revolutionizing the way people travel, shop, and pay. Over the past five years, ...

This strategic agreement between NIPL and QNB is poised to greatly enhance the travel experience for Indian tourists in Qatar.

NIPL and QNB Partner to Introduce UPI Payments in Qatar

by Finclusion

July 12, 2024

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NPCI International Payments Limited (NIPL) has partnered with QNB, the largest financial institution in the Middle East and Africa, to ...

UPI Transactions crosses 10 billion mark for 2nd straight month in September

UPI transactions surge by 49% Year-on-Year in June 2024, says NPCI

by Finclusion

July 1, 2024

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The National Payments Corporation of India (NPCI) on Monday released the UPI (Unified Payments Interface) transaction volume data for June ...

RBI has proposed to set up a Digital Payments Intelligence Platform.

RBI keeps repo rate unchanged at 6.50%, announces measures to streamline digital payments

by Finclusion

June 7, 2024

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The Monetary Policy Committee (MPC) chaired by Reserve Bank of India's (RBI) governor, Shaktikanta Das, on Friday decided to keep ...

This strategic partnership aims to establish a reliable and efficient real-time payments platform within Peru. (Image source: Freepik)

UPI records 49% YoY growth in May 2024 with 14.04 billion transactions

by Finclusion

June 4, 2024

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The National Payments Corporation of India (NPCI) has released the monthly volumes for Unified Payments Interface (UPI) transactions for May ...

This collaboration aims to enhance the existing UPI merchant acceptance network in the region. (Image source: Freepik)

Fewa New Year Festival: PhonePe partners with eSewa & Hotel Association of Nepal Pokhara for UPI push

by Finclusion

April 10, 2024

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PhonePe has announced that it has entered into a partnership with e-Sewa and the Hotel Association of Nepal (HAN) Pokhara ...

The Ministry of Finance has informed that the Department of Financial Services (DFS) continued the momentum of reforms, building on the foundation laid by earlier initiatives like the EASE Reform agenda — focusing on risk assessment, digital transformation, and more. (Image source- Freepik)

Ministry of Finance highlights how EASE Reforms, digital payments transformed banking landscape in 2023

by Finclusion

December 28, 2023

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The Ministry of Finance has informed that the Department of Financial Services (DFS) continued the momentum of reforms, building on ...

UPI transactions grew from ₹1 lakh crore in FY18 to ₹139 lakh crore in FY23 in value

by Finclusion

December 19, 2023

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Unified Payments Interface (UPI) transactions have grown from 92 crore in FY 2017-18 to 8,375 crore in FY 2022-23 at ...

India’s fintech ecosystem is poised for transformation with the introduction of PAN 2.0, a revamped version of the Permanent Account Number system.

Fintech and Financial Inclusion: Bridging the Gap

by Finclusion

December 4, 2023

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Financial inclusion, the universal access to affordable financial services, has long been a global challenge. Billions of people worldwide, especially ...

Tag: digital payments