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Finance Ministry says number of UPI transactions rise from 92 crore to 8,375 crore in past 5 years

Minister of State for Finance Bhagwat K Karad in a written reply to Lok Sabha said that the UPI transactions have grown from 92 crore in FY 2017-18 to 8,375 crore in FY 2022-23 at a Compound Annual Growth Rate (CAGR) of 147 per cent in terms of volume. ....

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UPI adopted in France; Singapore, Nepal, UAE, Malaysia, and other countries that use Indias UPI

In a milestone movement, India and France have agreed to use Unified Payments Interface (UPI) in the European nation. Watch this Visual Story to take a look at all the other countries where India s UPI system has been adopted. ....

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Rs 126 Lakh Crore Transactions through UPI in 2022, Reports Hike of 54 percent

The Trend of digital payments in the country has grown ....

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FACT CHECK: UPI Transactions Over Rs 2000 Will Be Charged At 1.1%, PIB SAYS MISLEADING NEWS

PIB has tweeted, “there is no charge on normal UPI transactions”. It further clarified that circular is about transactions using Prepaid Payment Instruments (PPI) like digital wallets. 99.9% transactions are not PPI. ....

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Big change in UPI payment charges from April 1| Know THIS before making digital payments via Google Pay, PayTM and other apps

The National Payments Corporation of India (NPCI) has announced a major decision that could affect consumers making payments via prepaid payment instrument (PPI) such as as mobile wallets - Google Pay, PayTM and other such apps. The NPCI has set an interchange fee at 1.1% for merchant transactions from April 1. The announcement was made via an NPCI circular dated March 24. ....

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