UPI Breaks Record! 14.04 Billion Transactions In May, Sees 49% Year-on-Year Growth
Both the NPCI and the Reserve Bank of India (RBI) are exploring new use cases for UPI and extending its reach into the rural economy.
Jun 02, 2024, 14:40 PM IST
HDFC Bank To Stop SMS Alerts For Small UPI Transactions Starting From THIS Date: Find Out Why
HDFC bank stated that the decision to stop SMS alerts for low-value UPI transactions is based on customer feedback.
May 29, 2024, 13:19 PM IST
Fort Visit, Roadshow, UPI Transactions: French President Macron, PM Modi To Explore Jaipur Today
Prez Macron's visit is emblematic, marking the 25th anniversary of the India-France Strategic Partnership. The Pink City, bedecked with posters of the leaders, resonates with the significance of this diplomatic occasion.
Jan 25, 2024, 10:33 AM IST
Razorpay Unveils Instant Refunds On Failed UPI Transactions; Everything You Need To Know
In 2023 transactions on the UPI platform surpassed 100 billion marking a 60% increase from the previous year's 74 billion.
Jan 23, 2024, 18:42 PM IST
Have you sent money to wrong account? Don't worry! Here's HOW to get it back
Many times, while transferring, amounts are transferred into the wrong account. Sometimes this happens in banking fraud as well. In this case, you can get the amount back. Figure out the process by going through this article.
Oct 03, 2022, 11:42 AM IST
UPI transactions up over 3% at Rs 678 crore in September
In July, India processed 6.28 billion UPI transactions worth Rs 10.62 lakh crore.
Oct 01, 2022, 14:24 PM IST
Alert! SBI warns customers against UPI fraud; Suggests these six TIPS while doing UPI payments
UPI transactions have rose astronomically in the last few years. This also unravels the problem of UPI fraud with scammers trying to make customers fall into the trap. To protect citizens against these scams, SBI has shared six TIPS to follow while making UPI transactions.
Sep 27, 2022, 18:19 PM IST
UPI server faces outage, complaints flooded on Twitter about failed payments
UPI processed 540 crore transactions worth Rs 9.60 lakh crore in the month of March alone.
Apr 24, 2022, 21:29 PM IST
HDFC Bank customers alert! UPI terms and conditions changed: All you need to know
It is important for users to know that there is a daily transaction restriction of Rs 1 lakh or ten transactions per day, which is calculated on a 24-hour basis. The 10-transaction limitation only applies to fund transfers and does not apply to bill payments or merchant transactions.
Apr 12, 2022, 11:46 AM IST
Hurun India Health Report: 36% of Indian millionaires use e-wallets or UPI for payment
The Hurun India Wealth Report 2021 explores the number and geographical distribution of Indian Millionaires, High-Net-Worth, Super-High-Net-Worth, and Ultra-High-Net-Worth Families.
Feb 19, 2022, 15:43 PM IST
UPI transactions value surpasses record $100 billion in October
The value of transactions was Rs 7.71 lakh crore in rupees, and 421 crore transactions were completed in the month, both records.
Nov 01, 2021, 15:39 PM IST
iOS 15: Now you can make UPI payments with iPhone camera; here’s how
You no longer need to open your UPI app to scan a merchant's or receiver's QR code, since the task is now done by the iPhone camera.
Oct 11, 2021, 22:05 PM IST
iOS 15: Now you can make UPI payments via iPhone camera; here’s how
You no longer need to open your UPI app to scan a merchant's or receiver's QR code, since the task is now done by the iPhone camera.
Oct 11, 2021, 22:04 PM IST
Now you can send money using UPI without Internet: Check step by step process
In India, most e-wallets and payment platforms, such as Paytm, Google Pay, Amazon Pay, WhatsApp Pay, and banking apps, support UPI payments.
Oct 02, 2021, 19:20 PM IST
BHIM UPI transactions down at Rs 4.94 lakh crore in April
UPI had recorded 2.73 billion or 273 crore transactions which amount to Rs 5,04,886 crore in March. While the total transactions fell down in April, the daily transaction volume for UPI remained the same in the last two months with about 88 million transactions.
May 02, 2021, 10:40 AM IST
What can you do if you send money to a wrong account?
The person will be required to inform the executive about the exact date and time of the transaction, the account number, and the account in which money has been transferred mistakenly. The money will automatically be refunded within 5-6 business days if the bank account to which you have transferred the money does not exist.
Mar 15, 2021, 17:44 PM IST
UPI users may not be able to do transactions between 1 AM to 3 AM for next few days, know why
The National Payment Corporation of India (NPCI) has said that its Unified Payments Interface (UPI) may not function optimally between 1 AM and 3 AM for the next couple of days. The NPCI, through a tweet, informed the users that its UPI platform will be under an upgradation process for the next few days. "To create a better architecture for the growth of UPI transactions, the UPI platform will be under an upgradation process for next few days from 1 AM - 3 AM," NPCI tweeted.
Jan 22, 2021, 10:16 AM IST
UPI payments record all-time high of 1.34 billion transactions in June
UPI payments had fallen to 999.57 million in terms of volume with transactions worth Rs 1.51 lakh crore in April, following the coronavirus-induced lockdown that halted almost all services, except essentials.
Jul 02, 2020, 14:24 PM IST
PhonePe hits out at Paytm, says claims around UPI are misleading
PhonePe clarified that data around Paytm's ATV and Average Transactions per Customer (ATPC) was not available.
Mar 09, 2018, 10:06 AM IST
