United Payment Interface News Today

The Reserve Bank of India (RBI) proposed enabling users to deposit cash in cash deposit machines (CDMs) through UPI.

Singapore Tourism Board (STB) and PhonePe enter a two-year strategic partnership to promote UPI payments for Indian visitors in Singapore, PhonePe, a decacorn, said in a statement.

Over the decade, McVey says that government has made efforts in tackling these challenges. One of these measures was the introduction of value added-tax : GST (Goods and Services Tax).

It is expected to revolutionise the way insurance is purchased and serviced in India by bringing buyers, insurers, and intermediaries together on a single digital platform

As we dive into the details, remember that combining two different cashback offers is the key to unlocking the full Rs 750 reward. Lets break it down for you.

Unified Payments Interface (UPI) is an Indian instant payment system developed by the National Payments Corporation of India (NPCI) in 2016.

Google Pay and India's National Payments Corp. signed a pact on Wednesday to further the reach of UPI beyond India. Google India Digital Services Pvt. and NPCI International Payments Ltd., a unit of the NPCI, signed a memorandum of understanding with three key objectives:

Australias High Commissioner to India Philip Green OAM shared his delight after relishing delicacies like Chole Bhature, paratha, and jalebi. 

NPCI is encouraging banks, PSPs, and UPI applications to adjust their transaction limits specifically for certain types of businesses, aligning with this new update.

The UPI Tap and Pay feature leverages the Near Field Communication (NFC) capability in smartphones, allowing users to make on-the-go payments without the need to scan a QR code.