On average, 682 million UPI transactions worth ₹87,721 crore were recorded daily in November | Photo credit: ALLEN EGENUSE J India’s own Unified Payments Interface (UPI) platform recorded 20.47 billion monthly transactions totaling ₹26.32 lakh crore in November, NPCI data showed. Transaction volume and value increased by 32 percent year-on-year (year-on-year) and 22 percent year-on-year, […]
Reserve Bank of India Gouverneur Sanjay Malhotra during a press conference in Mumbai, Maharashtra, on October 1, 2025 | Photocredit: RBI Reserve Bank -Governor Sanjay Malhotra On Wednesday (October 1, 2025) said there is no proposal to levy costs on UPI transactions. RBI MPC meeting Live The Governor also said that the Central Bank is […]
In terms of value, most users chose to pay for their loans, credit card and ‘buy now, pay later accounts’. | Photocredit: Allen Egenuse J In a First, Unified Payments Interface (UPI) transaction volume, the 20 billion overrun in August 2025, according to data from National Payments Corporation of India (NPCI). A total of 20.01 […]
In terms of value, most users chose to pay for their loans, credit card and ‘buy now, pay later accounts’. | Photocredit: Allen Egenuse J In a First, Unified Payments Interface (UPI) transaction volume, the 20 billion overrun in August 2025, according to data from National Payments Corporation of India (NPCI). A total of 20.01 […]
The number of transactions via the Popular Unified Payments Interface (UPI) was crossed 20 billion in August, according to data released by the National Payments Corporation of India (NPCI). In terms of value, the £ 24.85 Lakh Crore was included in July in contrast to £ 25.08 Lakh Crore. The highest UPI transaction ever in […]
With the “UPI Collect” function, users can request money from another UPI user by sending a payment request via their UPI app. | Photocredit: Allen Egenuse J The National Payments Corporation of India (NPCI) has instructed banks and payment apps to stop all peer-to-peer (P2P) uniform payment interface “request” of 1 October to curb fraud, […]
On average, 628 million UPI transactions were carried out daily in July Photocredit: Allen Egenuse J Most uniform payment interface (UPI) transactions are carried out to pay for groceries, restaurants, mobile network accounts and accounts on service stations, gaming apps and cigarette stores, according to data from National Payments Corporation of India (NPCI). The NPCI […]
In May 2025 the average daily transaction volume rose to £ 60.2 crore of £ 59.6 crore in April 2025 The value of the UPI transactions from Unified Payments Interface (UPI) saw a healthy growth of 23 percent on an annual basis (YOY) in May 2025, rises to £ 25.14 Lakh Crore compared to £ […]