In significant move to enhance cross-border payment systems NPCI has partnered with QNB to launch UPI payments. This collaboration aims to enable Unified Payments Interface (UPI) payments in Qatar, marking a major milestone in the global expansion of UPI. UPI Payments in Qatar The partnership between NIPL and QNB will allow Indian tourists to done […]

NPCI is reportedly plans to implement a 1.2% interchange fee on the credit line of UPI transactions. According to sources, a circular outlining this change expected to released next week. This move marks a significant shift in the UPI transaction landscape. It aiming to balance cost-effectiveness for users and profitability for service providers. Understanding the […]

Recently UPI Links with ASEAN Nations, so that the Cross-Border payments can become more easier then before ever. Lets try to understand the full news that what is the case. So recently Reserve Bank of India has joined forces with the Bank for International Settlements (BIS) and central banks of four ASEAN nations to revolutionize […]

Recently UPI transactions in India decreased in June, 2024 and dropped to 13.89 billion. Despite this marginal dip, the overall growth trajectory of UPI transactions remains robust. This article delves into the recent data, provided by the National Payments Corporation of India (NPCI), and explores the trends and implications of these figures. Year-On-Year Growth in […]

From June 1 to June 15, 2024, the Unified Payments Interface (UPI) recorded a strong performance with 708 crore transactions, amounting to 10.95 lakh crore. This indicates a steady growth in digital payments and increased trust in the UPI system. Compared to May 2024, these figures show a promising trend, with the total transaction volume […]