UPI News

Credit Dominates Digital Payments: A Deep Dive into India's Fintech Revolution

In 2024, India saw a significant shift towards credit-based digital payments, with UPI leading the charge. The "How India Pays" report highlights the growing adoption of credit acr...

EPFO Revolutionizes PF Withdrawals: UPI and ATM Access Coming by May-End

The EPFO is introducing UPI and ATM options for PF withdrawals by May-end, aiming to reduce processing times and expand withdrawal purposes, including housing and education, as par...

Nandan Nilekani Foresees a Revolutionary Energy Marketplace Inspired by UPI Success

Nandan Nilekani envisions a decentralized energy future, inspired by the success of UPI, where households become energy producers, storers, and traders. He calls for regulatory ref...

Sebi Aims to Revolutionize Securities Market with Secure UPI Payments for Intermediaries

Sebi is introducing a new mechanism for secure payments in the securities market using UPI, aiming to distinguish legitimate financial intermediaries with unique UPI addresses.

Sharp 43% Increase in Complaints Against Lenders: Insights from RBI's Latest Report

The RBI's latest report reveals a 43% surge in complaints against lenders, with loans and advances grievances leading the charge. Mobile and internet banking complaints also saw a ...

NPCI Extends Deadline for PhonePe and Google Pay to Reduce UPI Market Share

NPCI has extended the deadline for PhonePe and Google Pay to reduce their UPI market share by two years, amidst growing competition and strategic shifts in the digital payments lan...