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.
Blink Charging will integrate cryptocurrency payments across its Blink Network by the end of 2025. The initiative will allow EV drivers to pay for charging sessions with digital assets through the Blink App. The company has over 93,000 charging stations worldwide and sees this move as aligning transportation with the future of finance.
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial System Council and gov...
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.
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.
Russia is set to launch a new digital device equipped with a brand new messenger app that experts believe could allow the Kremlin to spy on the Russian public.
In a major boost to cross-border digital payments, Indian users will now be able to use the Unified Payments Interface (UPI) to make payments internationally through PayPal.
India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).
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.
A turf war is breaking out in the vast world of digital payments - and the incumbents are suddenly on defense.
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.
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPay tech stack.
Apple Pay experienced a significant global outage on May 16, 2025, affecting over 745 million users worldwide and causing payment failures and difficulties transferring funds.
Travel vlogger Lee Veu shared the clip from the streets of Agra, near the Taj Mahal, where he found himself waiting for change after a purchase.
As the video progressed, people began noticing the posters. To Sarthak Sachdeva's astonishment, many scanned the QR codes and sent money.
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.
Mastercard has teamed up with Kraken to enable card-based crypto payments for day-to-day purchases. In the coming weeks, Kraken will be launching physical and digital debit cards to facilitate payments through crypto.
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.