UPI Transactions in August rose 22% year-on-year to 24.51 billion, according to data released by the National Payments Corporation of India (NPCI). The value of UPI transactions also increased 20% to Rs 29.82 lakh crore. The latest figures highlight the continued expansion of India’s digital payments ecosystem. UPI continues to see strong adoption among consumers, […]
UPI Growth has transformed India’s digital payments ecosystem over the past decade, with annual transactions rising from 1.78 crore in FY 2016-17 to more than 24,162 crore in FY 2025-26. Transaction value also increased from ₹0.07 lakh crore to around ₹314 lakh crore during the period. The Unified Payments Interface (UPI) completes 10 years on […]
NPCI International Payments Limited (NIPL) has signed a Memorandum of Understanding (MoU) with NTT DATA Japan, marking a significant step towards Unified Payments Interface (UPI) acceptance in the Japanese market. The partnership will enable UPI acceptance across NTT DATA-acquired merchant locations throughout Japan, allowing faster checkouts, enhanced customer satisfaction, and business growth. The MoU reflects […]
