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Unified Payments Interface

India’s UPI most preferred for retail payments in 2023-24, RBI report says
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9 August, 2024

India’s UPI most preferred for retail payments in 2023-24, RBI report says

India’s UPI has emerged as the most preferred method of retail payments, with a 79.6% share in total volumes of...
India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI
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8 August, 2024

India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI

Thanks to the development of seamless payment networks, India's e-commerce and digital trade ecosystem is flourishing, with the Reserve Bank...
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...
Bank of Baroda gets fresh upgrades with AI relationship manager, credit line on UPI
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2 August, 2024

Bank of Baroda gets fresh upgrades with AI relationship manager, credit line on UPI

One of India's major banks, the Bank of Baroda, rides on the AI boom, introducing an AI-powered VRM, along with...
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...
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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