A technical glitch was reported by some users of Google Pay on the internet according to which $10 to $1,000 (around ₹80,000) was credited to their bank accounts.

Google Pay accidentally credits $1,072 to few accounts, Musk reacts 'Noice'

India has announced an additional 1.1% fee on digital wallet transactions over ₹2,000, which is $24.3. Personal transactions and UPI bank-to-bank transfers will remain free. The surcharge will be levied only on merchants. Could they direct the fee towards you? Molly Gambhir reports.

Gravitas: Who pays UPI payment surcharge?

National Payments Corporation of India (NPCI), the governing body of Unified Payment Interface (UPI) - India's prominent digital payment network - has announced it will be levying Prepaid Payment Instruments (PPI) fees on merchant transactions, beginning April 1.

India: UPI transactions to cost from April. Know what it means for you

The Union finance ministry told the Parliament that more than 95,000 fraud cases of Unified Payments Interface (UPI) transactions were recorded in the country in 2022-23.

Over 95,000 UPI fraud cases reported last year: Union finance ministry

On February 21, 2023, India's retail payment system Unified Payments Interface (UPI) and its comparable network in Singapore, PayNow, were connected to enable speedier remittances between India and Singapore.

India's UPI connected to Singapore's Pay Now, connectivity to allow instant money transfers

The Unified Payment Interface (UPI) of India and its similar network in Singapore, PayNow, will soon be integrated, according to the Monetary Authority of Singapore, which will result in a 10 per cent reduction in remittance costs, according to a PTI report.

India's UPI, Singapore's Paynow to integrate soon, says an official at a G20 meeting

The number of transactions reached a record 7.82 billion in December and totalled Rs 12.82 trillion, also a record high, helping the Unified Payments Interface (UPI) to end the year 2022 on a strong note.

UPI's meteoric rise: India's UPI transactions rise over 7.82 billion in December 2022

The Bengaluru-based fintech firm Cred has stopped showing Paytm's merchant quick-response (QR) codes on its branded placards at offline stores. This step came in response to Paytm's complaint against Cred to the National Payments Corporation of India (NPCI) over the latter's false impression of other merchants' QR codes.

Paytm vs Cred: Cred stops using Paytm QR codes on its own placards after NPCI steps in

The Delhi-National Capital Region (NCR) has emerged as India's digital payments capital while Katpadi in Tamil Nadu is the fastest-growing city for digital payments with seven times growth this year, according to a report by Paytm on Wednesday (December 28).

Paytm says Delhi-NCR emerges as India's digital payments capital: Report

Talking about taking UPI abroad, NPCI International Payments Limited, CEO Ritesh Shukla said, " It took Swift 45-50 years to be where they are and it took international cards schemes about 65-70 years to be where they are today, so I think there's a lot of hard work which will go into it."

Global Technology Summit:'Taking UPI abroad will take lot of hard work,' says NPCI CEO Ritesh Shukla

India’s National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) are reportedly in the midst of deciding whether the unlimited transactions carried out via Google Pay, PhonePe and others should continue or not.

India: Google Pay, PhonePe and other UPI apps may impose transaction limit; Paytm to remain unaffected

India's Ministry of Finance on Sunday stated clearly that no fees are being considered for the country's ubiquitous digital payment system UPI, or United Payments Interface.

Govt won't charge for services, UPI will remain free: Indian finance ministry

The National Payments Corporation of India (NPCI) on Friday stated that the linking of RuPay credit cards to Unified Payment Interface (UPI)- India's prominent digital payment network, is expected to take place within the next two months.

India: RuPay credit cards to be linked to UPI in the next two months

In yet another record-breaking month, India's major digital payment platform, the Unified Payments Interface (UPI), completed over Rs 10 trillion in transactions in May, a new high since the platform's introduction in 2016.

UPI records nearly 6 billion transactions worth Rs 10 trillion in May 

India's Unified Payments Interface (UPI) and Rupay cards will soon be accepted in France, possibly paving the way for these cashless transactions in the rest of European Union in future.

Go cashless: India's Rupay cards and UPI will soon be accepted in France

India launched UPI, or Unified Payments Interface, in 2016, a few months before bank note demonetisation. UPI aimed to reduce the use of paper in payments and provide a safe and simple digital payment system. UPI recorded 4.50 billion transactions, worth Rs 8 trillion in December 2021.

India's UPI digital payments near 5 billion

The international arm of the National Payments Corporation of India (NPCI) on Thursday announced to deploy Unified Payments Interface (UPI) in Nepal to bolster interoperable real-time person-to-person (P2P), person to merchant (P2M) and potential cross-border P2P remittances between Nepal and India.

NPCI to deploy UPI payments platform in Nepal, 1st outside India

If someone is in a rural area and doesn't have any cash or internet access, he can still buy something or make a transaction of up to Rs 200 using their mobile phone or wallet.

Digital payments without the internet: All you need to know

India and Singapore will link their respective fast payment systems -- Unified Payments Interface (UPI) and PayNow -- to enable users to make instant, low-cost fund transfers on a reciprocal basis, the Reserve Bank said on Tuesday.

India, Singapore launch project to link payment systems for instant fund transfers

American business magnate and Microsoft co-founder Bill Gates on Tuesday praised India for digital payments policies and said that India has built an ambitious platform for digital payments, including a system for sending rupees between any bank or smartphone app.

Bill Gates lauds Indian digital innovations, calls it a country to study besides China

Payments on Unified Payments Interface (UPI) in June hit an all-time high of 1.34 billion in terms of volume with transactions worth nearly Rs 2.62 lakh crore, as per National Payments Corporation of India (NPCI) data.

UPI payments in India hit all-time high of 1.34 billion transactions in June

The Delhi High Court has sought response of the Reserve Bank of India (RBI) and the Centre on a plea seeking action and suspension of operations of the Google India Digital Service in UPI through its application 'Google Pay' till it fully complies with interoperability.

Delhi High Court asks RBI, Centre to respond to plea for action against Google Pay for flouting UPI rules

Popular call blocking mobile app Truecaller created a nightmare for thousands of Truecaller users in India. A bug automatically created Unified Payments Interface (UPI) accounts with the ICICI Bank without consent of the users.

Truecaller users got automatically registered for UPI

E-wallet and gateways like unified payment interface (UPI) will be promoted and must be taken to grassroots, government says

Demonetisation: Government inches towards cashless future, promotes e-payments

Upi, News on Upi, stories on Upi, articles on Upi, Upi stories at Wion, Upi news, Upi latest news

upi