RBI Governor Sanjay Malhotra announces NPCI's new authority to set UPI transaction limits for merchants, alongside a repo rate cut to 6.0%, signaling a push towards flexible digita...
The National Payments Corporation of India (NPCI) and banks are testing a 'federated model' using AI to combat UPI fraud, following a record 18.3 billion transactions in March. Lea...
NPCI addressed technical issues causing partial UPI payment disruptions, stabilizing the system after user complaints. The world's largest payment system processes over 50 crore tr...
December witnessed an 8% increase in UPI transactions, reaching a record 16.73 billion, with transaction values and daily averages also seeing significant growth. NPCI, overseeing ...
