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Reserve Bank of India

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 in need of simplifying user verification process to bolster digital payments
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26 July, 2024

India in need of simplifying user verification process to bolster digital payments

While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the...
From street vendors to large stores, Indian merchants adopt digital payments: survey
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17 July, 2024

From street vendors to large stores, Indian merchants adopt digital payments: survey

India is seeing a spike in the adoption of digital payments among merchants operating small stores and consumers paying items...
India’s NPCI, QNB Group to introduce UPI payments in Qatar
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16 July, 2024

India’s NPCI, QNB Group to introduce UPI payments in Qatar

Utilizing UPI payments in Qatar through the QNB merchant network is expected to significantly benefit Indian tourists visiting the country.
India’s UPI digital payment makes foray into UAE
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9 July, 2024

India’s UPI digital payment makes foray into UAE

Indians traveling to the UAE will soon be able to utilize the local UPI in POS terminals across the Gulf...
India’s retail CBDC usage drops amid growing UPI popularity
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3 July, 2024

India’s retail CBDC usage drops amid growing UPI popularity

With more locals utilizing UPI, India is struggling to promote its CBDCs, with both retail and wholesale CBDCs taking a...
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