India tops global fast payments with UPI processing 18 billion transactions monthly

Jul 20, 2025

At the heart of this transformation is the Unified Payments Interface, better known as UPI. Launched in 2016 by the National Payments Corporation of...

Paytm brings lightning-fast UPI payments that never fail

Feb 24, 2023

Paytm UPI LITE aims to make digital payments more accessible to people across the country. UPI LITE, enabled by National Payments Corporation of India...

Volume of UPI transactions grew at 147 pc annually over past 5 years: Centre

Dec 18, 2023

The Unified Payments Interface (UPI) is India's mobile-based fast payment system, which facilitates customers to make round-the-clock payments instantly using a Virtual Payment Address...

Paytm launches upgraded payments platform powered by fully indigenous technology

Mar 25, 2023

Paytm has been at the forefront of India's digital revolution with its technology-led innovations that have empowered users with a 'Made in India' payments...

At Davos, RBI Governor says digital currency will make cross border payments more efficient

Jan 19, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and...

India, Singapore to link UPI, PayNow for faster payments

Sep 14, 2021

New Delhi [India], September 14 : The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to...