Npci

Explained: How NRIs will be able to make payments via UPI

NRIs in 10 countries — Singapore, Australia, Canada, Hong Kong, Oman, Qatar, USA, Saudi Arabia, United Arab Emirates and UK — will now be able to transact through UPI using international mobile numbers

UPI payments: Some trends worthy to watch out for

With over 100 million monthly active users in India, and a jump of a whopping 427% in usage between March 2020 and August 2022, the growth of UPI has been colossal.  After the staggering success of the first phase, UPI is gearing up for its next phase of growth

Want to withdraw cash from ATMs using UPI applications? Here’s the process

There won't be any extra charges for UPI-enabled cardless cash withdrawals from ATMs.

Want to make UPI payments without internet connection? This trick can help you

You need to set up your UPI before making online payments without an internet connection.

NPCI internationalising Indian rupee as the world deliberates on dedollarisation

With countries like Russia shifting its trade from US dollar to ruble, China pushing its trade in yuan, and now India initiating payments and receipts in Indian rupee, a slow process of dedollarisation has begun

UPI payments set new record in September

It is expected that payment through UPI would create another record both in terms of transaction and value in the festival month of October and November

UPI expands globally: Indian travellers to UK to enjoy hassle-free digital transactions

The NPCI International Payments Ltd has forged a partnership with payments solutions provider PayXpert to internationalise the acceptance of UPI payment solutions in the UK

99.9% adults in India have Aadhaar number and ‘use it at least once a month’, says UIDAI

The overall Aadhaar coverage stands at 92.7 per cent, with nearly 100 per cent coverage amongst adults, 92.5 per cent coverage among children between 5-18 years of age, and 25 per cent amongst children below five years, according to a booklet released by the agency

RBI to allow UPI payments via RuPay credit card: What this means for customers, what experts say

The central bank said this change will allow even more people to use the unified payments interface (UPI) platform, which has become the most inclusive mode of payment in India with 26 crore unique users and five crore merchants

Digital payments: A look at how they work, the cost of your transaction and other questions answered

Even though a transaction is mainly a debit and credit between two banks, there are many intermediaries that facilitate these transactions.