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 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 […]

Abhaya Hota Joins Cashfree as Independent Director. Hota brings vast experience from NPCI and RBI to drive Cashfree’s growth and innovation. Cashfree Payments, a leading payments and API banking solutions company in India, has made a significant addition to its leadership team. The company has announced that Abhaya Hota Joins Cashfree, a seasoned professional with […]