For instance, six years after it was first proposed, the Reserve Bank of India’s New Umbrella Entity (NUE) scheme continues ...

The latest regulations mandate banks, Payment Service Providers (PSPs), and third-party UPI service providers like PhonePe, ...

UPI has grown rapidly, accounting for 83% of India’s digital payments in 2024, up from 34% in 2019. However, its expansion ...

The Unified Payments Interface experienced major disruptions on Wednesday, affecting digital transactions in India. Users ...

India is asking the Financial Action Task Force (FATF), a global money-laundering watchdog, to reduce compliance requirements ...

The Unified Payments Interface (UPI) is encountering significant disruptions, impacting users' ability to make instant ...

UPI services faced technical glitches which caused disruptions in payments. While it was frustrating for users, some of them ...

India has requested the FATF relax its anti‑money laundering requirements for cross‑border payments processed through its ...

Unified Payment Interface (UPI) services experienced widespread disruptions, affecting users across various apps in India.

Unified Payment Interface (UPI) services went down in India across multiple apps, causing chaos and several failed payments.

The Payments Council of India urges the government to reassess the Zero Merchant Discount Rate policy for UPI and RuPay ...

Expected to be rolled out in phases across platforms, with full availability by April 2025, BHIM 3.0 will be available in ...