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India’s UPI likely to land in Japan after trials with NTT Data: Report

New Delhi, Jan 24 (IANS) India’s QR‑code payment network, the Unified Payments Interface (UPI), is expanding beyond its borders, with Japan among countries trialling the system to serve growing numbers of Indian tourists, a report has said. The report from Nikkei Asia said that Japanese IT services company NTT Data is partnering with National Payments […]

UPI reaches 500 million consumers, 65 million merchants, says report

Mumbai, Oct 8 (IANS) With over 500 million consumers and 65 million merchants, unified payments interface (UPI) has evolved from a digital payment platform into a daily habit, driving financial inclusion, enabling access to credit, and fuelling growth for micro and small enterprises across India, according to a report released here on Wednesday. The report, […]

UPI transaction limit raised to Rs 10 lakh for P2M payment from Sep 15

New Delhi, Sep 11 (IANS) The National Payments Corporation of India (NPCI) on Thursday announced a major revision in Unified Payments Interface (UPI) limits for Person-to-Merchant (P2M) transactions, effective September 15. The move is aimed at making high-value digital payments easier and more convenient for users while ensuring strong security measures. Under the new rules, […]