Explains ₹1 lakh normal limit, ₹5 lakh exceptions, and first-day ₹5,000 cap for new users. Takeaway: plan payments to avoid transaction failures or compliance ...

From cash to QR codes, India’s relationship with money has undergone a quiet revolution. What began as a policy experiment ...

The development and adoption of UPI provide empirical evidence that treating digital payments as public infrastructure can produce systems capable of achieving both scale and inclusion. By focusing on ...

The value of UPI transactions also recorded strong growth, increasing 21 per cent year-on-year to Rs 74.84 trillion in Q3 ...

From February 1, 2025 no UPI payment app can use special characters for generating transaction IDs. If you are using any such UPI app which uses special characters in the transaction ID then the ...

On November 5, NPCI placed a 30% cap on UPI transactions through third-party payment apps (TPAPs) like Google Pay, PhonePe and WhatsApp Payments. NPCI’s 30% UPI transaction cap will require more than ...

The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading". This ...

Unified Payments Interface (UPI), the real-time payment system operated by National Payments Corporation of India (NPCI), processed 18.68 billion transactions in May, recovering from a dip in April.

UPI Transaction Limit Changes: Will even the biggest payment be made in one click through UPI now? Actually, NPCI has changed the new rules implemented from today. Let's know what has changed from ...

The National Payments Corp. of India faces an uphill battle in its quest to cap any single UPI app's market share at 30% by ...

KOCHI: It’s a digi-tell all! In a clear pivot from cash, Kerala is increasingly taking to the Unified Payments Interface (UPI ...