Telangana leads India in per capita UPI transaction intensity, processing 820 million transactions worth ₹1.42 lakh crore. Learn key insights from the RBI study. Telangana Leads India in UPI Usage Intensity: RBI Study Introduction A recent Reserve Bank of India (RBI) study has highlighted Telangana as the state with the highest per capita Unified Payments…
PayPal UPI integration India enables seamless international transactions through PayPal World, highlighting India’s robust digital payment system and promoting financial inclusion. PayPal Integrates India’s UPI as First Payments System Partner on PayPal World In a significant development for the global digital payments landscape, PayPal has announced that India’s Unified Payments Interface (UPI) is the first…
RBI mandates two-factor authentication for digital payments from April 2026 to enhance security, reduce fraud, and protect consumers. Learn methods, timelines, and compliance details. RBI Mandates Two-Factor Authentication for Digital Payments from April 2026 Introduction to RBI’s New Digital Payment Guidelines The Reserve Bank of India (RBI) has introduced the “Authentication Mechanisms for Digital Payment…
PhonePe RBI approval news: PhonePe receives final authorization to operate as an online payment aggregator, enhancing digital payments and financial inclusion in India for SMEs in 2025. PhonePe Receives Final RBI Approval to Operate as Online Payment Aggregator Introduction In a significant development for India’s digital payments landscape, PhonePe, the fintech company backed by Walmart,…
PM SVANidhi scheme extension 2030 approved by Union Cabinet. Learn about enhanced loans, UPI-linked RuPay credit cards, digital incentives, and benefits for street vendors. Union Cabinet Restructures PM SVANidhi Scheme, Extends Till 2030 Introduction: Extension and Enhancement of PM SVANidhi Scheme On August 27, 2025, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved…
UPI daily transaction record sets new benchmark with 707 million transactions in a day. Understand the impact on India’s digital economy, MDR concerns, and government goals. UPI Sets New Record with 707 Million Daily Transactions — India’s Digital Payments Boom Continues Record-Breaking Day for UPI On August 2, 2025, India’s Unified Payments Interface (UPI) achieved…
RBI AePS new rules 2026 will enforce stricter KYC, real-time fraud monitoring, and one operator–one bank policy from January 1. Read full details for competitive exam preparation. RBI Tightens AePS Rules to Combat Fraud From January 2026 Strengthening the AePS Framework The Reserve Bank of India (RBI) issued a directive on June 27, 2025, introducing…
UPI Digital Payment Model Praised by IMF – The IMF endorses India’s UPI as a global blueprint for interoperable and inclusive digital payment transformation. Read key highlights, context, and takeaways for exam preparation. IMF Hails India’s UPI Model as Blueprint for Digital Payment Transformation Seamless Interoperability Powers Digital Payments India’s Unified Payments Interface (UPI), launched…
UPI IMF global model report highlights India’s UPI as a transformative digital payment system with interoperability and financial inclusion. Essential update for banking and UPSC exam aspirants. IMF Hails India’s UPI Model as Blueprint for Digital Payment Transformation India’s Unified Payments Interface (UPI) has garnered global attention after the International Monetary Fund (IMF) lauded it…
NPCI FY25 Surplus Report shows ₹1,552 crore profit and ₹3,270 crore revenue with 213 billion digital transactions via UPI and other platforms, reflecting India’s growing fintech infrastructure. NPCI Reports Surplus Crosses ₹1,500 Crore, Revenue Hits ₹3,270 Crore in FY25 Strong Financial Performance Underlines NPCI’s Growth The National Payments Corporation of India (NPCI), the linchpin of…
