Vietnam has launched a five-year pilot for regulated crypto trading, requiring all transactions in dong and allowing only licensed local firms to run exchanges. The resolution also sets strict criteria for capital, ownership, and governance. Alongside regulation, Vietnam unveiled its first Blockchain Gallery and a Satoshi Nakamoto statue, highlighting cultural engagem...

NPCI has increased UPI transaction limits, allowing users to make high-value payments from their phones. The changes will come into effect soon. People will be able to make payments in various categories, like capital markets, insurance, government e-marketplace, travel, and credit card repayments. Now users will be able to send up to Rs. 10,00,000 in 24 hours.

In Uttar Pradesh's Pratapgarh, a rare instance of 'digital bribery' has come to the fore, with screenshots of the transactions going viral on social media.

In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.

In the last decade, India has quietly moved towards the digital sphere. Documents and identity cards are now paperless, health records can be stored on the cloud, and public services are now accessible with the tap of a button. The government’s flagship tech initiatives have reshaped how people interact with the State.

The woman shared the experience on social media, recounting how she had matched with the man on a dating app, exchanged numbers, but was shocked to receive the surprise delivery.

Airtel’s fully-owned subsidiary Xtelify launched a telco-grade cloud platform for telecom businesses on Monday. Dubbed Airtel Cloud, the cloud platform was initially designed to serve the telecom operator’s internal operational requirements and houses all its digital assets and capabilities. It is said to handle 140 crore transactions per minute. Airtel is now exp...

India's UPI has become a global leader in fast payments, handling over 640 million transactions daily and powering nearly 50% of all real-time digital payments worldwide.

India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).

The Unified Lending Interface (ULI) is a digital platform designed to simplify lending by integrating technology, data, and policy, enabling faster and more inclusive credit delivery.

At least 10 lakh citizens will receive free training in artificial intelligence (AI) thanks to Common Service Centres, which falls under the Ministry of Electronics and Information Technology.

India now makes faster payments than any other country with the quick growth of UPI, and the usage of other instruments, including debit and credit cards, is on the decline, according to an IMF note.

Digital India has not remained a mere government programme but has also become a people's movement, Finance Minister Nirmala Sitharaman said on Tuesday. In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat'.

The digital transformation has been a game-changer for the country, promoting financial inclusion and innovation, PM Modi said.

The UPI system is set to implement other important changes from August in order to improve its performance.

There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.

The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".

This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.

UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in Indian money transact...

UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.

South Korea is set to begin testing the Digital Won CBDC for real-world transactions in April, according to local reports citing the Bank of Korea (BoK). The programme will evaluate blockchain technology’s role in finance while allowing the BoK to assess its potential for reshaping the country’s fintech ecosystem.

The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.

India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).

PAN 2.0 is a secure and upgraded financial identity system introduced by India’s Income Tax Department. This innovative card offers faster issuance, digital updates, Aadhaar integration, and QR code-based identity verification. Our guide explains the step-by-step process to apply via NSDL or UTIITSL, eligibility criteria, required documents, and the numerous benefit...