No Plans to Impose GST on UPI Payments Over ₹2,000, Clarifies Government

The Government has firmly denied reports suggesting that UPI transactions exceeding ₹2,000 might attract GST. (Image source: Freepik)

The Government has firmly denied reports suggesting that Unified Payments Interface (UPI) transactions exceeding ₹2,000 might attract Goods and Services ...

NBSL, a subsidiary of NPCI, has launched Bharat Interface for Money (BHIM) 3.0. (Image source: BHIM Twitter)

NBSL Launches BHIM 3.0 with Enhanced Features for Users, New Offerings for Businesses and Banks

by Finclusion

March 26, 2025

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NPCI BHIM Services Limited (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), has launched Bharat Interface for ...

RBI has inaugurated the 5th Digital Payments Awareness Week.

RBI Inaugurates Digital Payments Awareness Week 2025 to Promote Safe and Inclusive Digital Transactions

by Finclusion

March 11, 2025

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The Reserve Bank of India (RBI) has inaugurated the 5th Digital Payments Awareness Week (DPAW), an initiative aimed at spreading ...

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

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

by Finclusion

August 2, 2024

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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 ...

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 ...

Tag: digital payments