UPI Users Can Now Send ₹5 Lakh for Certain Transactions The Unified Payments Interface (UPI), a flagship initiative of the National Payments Corporation of India (NPCI), has now increased the transaction limit for select services, allowing users to send up to ₹5 lakh. This is a significant development in India’s digital payments ecosystem, aimed at…
PhonePe’s Credit Line on UPI Revolutionizes Digital Transactions Introduction to PhonePe’s Credit Line on UPIPhonePe, one of India’s leading digital payment platforms, has introduced a groundbreaking feature that allows users to access a credit line via UPI (Unified Payments Interface). This innovative service is set to revolutionize digital transactions by providing users with instant access…
PhonePe Launches UPI in Sri Lanka in Partnership with LankaPay Introduction: In a significant move towards expanding its digital payment services beyond borders, PhonePe, India’s leading digital payments platform, has launched its Unified Payments Interface (UPI) services in Sri Lanka. This strategic initiative comes in collaboration with LankaPay, the national payment network of Sri Lanka,…
Rupay Launches “Link It Forget It” Campaign at IPL 2024 to Promote Credit Card on UPI In a strategic move aimed at tapping into the burgeoning digital payment market in India, Rupay has launched its innovative “Link It Forget It” campaign during the IPL 2024 season. The campaign aims to promote the usage of credit…
PhonePe Partners with eSewa & Hamro Pasal to Promote UPI in Nepal In a significant move aimed at bolstering digital payments in Nepal, PhonePe, the popular Indian digital payments platform, has forged partnerships with eSewa and Hamro Pasal. This strategic collaboration seeks to promote Unified Payments Interface (UPI) adoption in Nepal, marking a milestone in…
Paytm Explores Third-Party Path for Easy UPI Access In the rapidly evolving landscape of digital payments, Paytm, one of India’s leading fintech companies, is venturing into new avenues to enhance its UPI (Unified Payments Interface) accessibility. This strategic move aims to streamline and simplify the UPI process for users. In the wake of the ever-growing…
Launch of UPI and Rupay Card in Sri Lanka and Mauritius The financial landscape in South Asia witnessed a significant transformation with the recent launch of the Unified Payments Interface (UPI) and Rupay Card services in Sri Lanka and Mauritius. This strategic move aims to foster economic ties and simplify cross-border transactions between India and…
NPCI Launches UPI PayNow Linkage for Cross-Border Remittances Between India and Singapore In a significant move to facilitate seamless cross-border remittances, the National Payments Corporation of India (NPCI) has launched the UPI PayNow linkage between India and Singapore. This initiative is expected to streamline financial transactions and provide a more efficient and user-friendly experience for…
NPCI Appoints Pankaj Tripathi as UPI Safety Ambassador In the dynamic landscape of digital transactions, the National Payments Corporation of India (NPCI) has taken a significant step towards enhancing the safety of Unified Payments Interface (UPI). In a recent development, Pankaj Tripathi has been appointed as the UPI Safety Ambassador by NPCI. This move holds…
RBI and NPCI Introduce Credit Lines on UPI Conversational Payments In recent developments in the financial sector of India, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) have introduced a significant change that is set to revolutionize digital payments. This move involves the introduction of credit lines on UPI…
