A Bouquet And A Swipe: Jamaican PM Embraces UPI In Delhi’s Streets, Video Goes Viral

03 Oct 2024

During his visit to Delhi, Jamaican Prime Minister Dr. Andrew Holness made headlines by using India’s Unified Payments Interface (UPI) to pay for a bouquet from a local vendor. This moment showcases the widespread adoption and ease of digital payments in India. Promoting UPI on a Global Stage UPI, a...

Gurgaon: Bag With ‘Diamond Pendant’ Returned By Honest Auto Driver

09 Sep 2024

In a touching story that highlights the best of human nature, a LinkedIn post by Arnav Deshmukh has gone viral, showcasing the remarkable honesty of a Gurgaon auto-rickshaw driver. The story, shared widely on the platform, has sparked heartfelt reactions from users, celebrating a simple act of kindness. A Bag...

RBI Introduces UPI Cash Deposits At ATMs, No Debit Card Needed

31 Aug 2024

The Reserve Bank of India (RBI) has introduced a new feature allowing cash deposits at ATMs via Unified Payments Interface (UPI), eliminating the need for physical debit cards. This UPI Interoperable Cash Deposit (UPI-ICD) service was launched by Deputy Governor T. Rabi Sankar at the Global Fintech Fest 2024 in...

India-Malaysia Signs New Agreements On Fintech, Education, And Cultural Exchange

20 Aug 2024

India and Malaysia Deepen Bilateral Relations Prime Minister Narendra Modi and his Malaysian counterpart, Dato’ Seri Anwar bin Ibrahim, have taken significant steps to enhance bilateral relations between India and Malaysia. During a formal event at Hyderabad House in Delhi, the leaders exchanged several Memorandums of Understanding (MoUs) and agreements,...

India-Maldives Sign MoU Introducing UPI, Strengthen Bilateral Ties

10 Aug 2024

India and Maldives have signed a Memorandum of Understanding (MoU) to introduce the Unified Payments Interface (UPI) in the Maldives. External Affairs Minister S Jaishankar, during his official visit to Maldives, announced that this move will positively impact the Maldives' tourism sector. UPI Introduction and Expected Benefits The agreement,...

UPI, IMPS Payment Services Disrupted For These Banks Due To Ransomware Attack

01 Aug 2024

The National Payments Corporation of India (NPCI) has announced that UPI, IPMS, and other payment systems of certain banks will be temporarily unavailable to customers due to a ransomware attack on C-Edge Technologies, a service provider to several banks. In a statement, NPCI explained, "To prevent a larger impact on...

HDFC Bank To Modify UPI Alerts From June 25: What You Need To Know

21 Jun 2024

HDFC Bank has announced a change in its notification system for low-value UPI transactions. Effective June 25, HDFC Bank customers will no longer receive text alerts for low-value UPI transactions. Instead, SMS alerts will be sent for UPI transactions over Rs 100 when sending money and for transactions over Rs...

UPI Experiences Disruption Due To These Reasons, Reveals RBI

10 Jun 2024

RBI Governor Shaktikanta Das has recently revealed the reason behind frequent disruption in UPI on Monday. Speaking during press conference, the RBI governor asserted, that it is Bank's obsolete technology, which are causing the issues, rather than NPCI's infrastructure itself. Furthermore, the problems stemming from the bank, including network link...

NPCI Likely To Extend UPI Deadline, Offering Boost To Google, PhonePe

10 May 2024

The National Payments Corporation of India (NPCI) plans to postpone the deadline for enforcing a 30% market share limit on firms handling payments via the Unified Payment Interface (UPI) by one to two years, according to sources familiar with the matter who told reuters. This move is anticipated to favor...

NPCI International to support Namibia develop instant payment system like UPI

02 May 2024

NPCI International Payments (NIPL), the global subsidiary of the National Payments Corporation of India (NPCI), has inked a deal with the Bank of Namibia (BoN) to aid in establishing an instant payment system akin to India's Unified Payment Interface (UPI) for the Southwest African nation. In a statement released by...