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Digital banking

PhonePe launches UPI services in Sri Lanka in collaboration with LankaPay, Indians can pay using UPI at LankaQR merchant points

India's fintech company PhonePe Unified Payments Interface (UPI) has been launched in Sri Lanka.

RBI and Nepal’s central bank sign Terms of Reference for integration of UPI with National Payments Interface (NPI) of Nepal

Reserve Bank of India and Nepal Rastra Bank signed and exchanged Terms of Reference for integration of Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal

UPI formally launched in France at Republic Day Reception at the Eiffel Tower in Paris

The Unified Payments Interface (UPI) has been formally launched at the Eiffel Tower in Paris, the Indian Embassy in France said on Friday

This will be a game changer for the payments industry: Payments Council of India welcomes RBI allowing tokenisation of cards through banks

The Payments Council of India (PCI), a representative body of the non-banking payment industry in India, welcomed the RBI's move to enable the issuing of tokens for cards via internet and commercial banks.

‘Initiatives being taken to make UPI available on feature phones’, says RBI governor as number of UPI transactions cross 10 billion in August

RBI governor Shaktikanta Das has said that initiatives have been taken to make feature phones also operate the UPI payment system.

Eight years of PM Modi’s Digital India initiative: Empowering the nation with technological advancements and inclusive growth

Digital India has propelled a multitude of notable initiatives, yielding extraordinary outcomes across diverse spheres. Foremost among these accomplishments is the laudable feat of ameliorating the urban-rural digital divide.

Aadhaar-based face authentication transactions for service delivery cross an all-time high of 10.6 million in May

Aadhaar-based face authentication transactions for service delivery are gaining robust momentum with monthly transactions in May touching an all-time high of 10.6 million

NPCI says no extra burden on customers after introducing interchange fee on select UPI transactions, here is what you need to know

Interchange fee will only be applicable for certain specific transactions, and will be not applicable for bank-to-bank transfers and payments by customers

Navbharat Times journalist claims UPI and Digital payments not working anywhere in Gujarat except Ahmedabad, found to be false

Navbharat Times journalist Mithilesh Dhar Dubey makes false claim that UPI and digital payments do not work in Gujarat

‘No consideration to levy charges on UPI services’: Clarifies Finance Ministry, says cost of service providers will be recovered through other means

Responding the media reports claiming that RBI is proposing to impose service charge on UPI, finance ministry said there is no such consideration

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