National Payments Corporation of India

India delays UPI market share cap deadline by 2 years
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9 January, 2025

India delays UPI market share cap deadline by 2 years

Digital payment firms must not exceed a 30% share of the transactions in UPI, according to the National Payments Corporation...
India discussing Unified Payments Interface expansion: RBI
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25 November, 2024

India discussing Unified Payments Interface expansion: RBI

Introduced in 2016, UPI has emerged as the most preferred method of retail payments in India, with a 79.6% share...
India’s UPI surpasses 100,000 cross-border transactions in Nepal, expands to Maldives
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15 August, 2024

India’s UPI surpasses 100,000 cross-border transactions in Nepal, expands to Maldives

NIPL teamed up with Nepal's Fonepay to launch cross-border P2M UPI, while the National Payments Corporation of India and the...
India’s UPI to offer wallet service to foreign visitors amid digital payments boom
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5 August, 2024

India’s UPI to offer wallet service to foreign visitors amid digital payments boom

Exploring India's cultural attractions is now easier with the UPI One World wallet, eliminating the complexities of forex transactions and...
India’s digital payments rise 12.6%, RBI-DPI data says
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30 July, 2024

India’s digital payments rise 12.6%, RBI-DPI data says

India’s digital payments rose to 445.50 as of March 2024, compared to 395.57 in March 2023, the Reserve Bank of...
India’s UPI expands partnership in Paris ahead of Olympic Games
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25 July, 2024

India’s UPI expands partnership in Paris ahead of Olympic Games

India’s NIPL, a wholly-owned subsidiary of the NPCI, has partnered with Lyra to enable acceptance of the Unified Payments Interface...
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