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Tag: digital payments

Rs 81 Lakh Crore Worth Transactions Processed By UPI In April-July

Posted on August 31, 2024 By admin
Rs 81 Lakh Crore Worth Transactions Processed By UPI In April-July

New Delhi: Surpassing world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year). According to latest data by global payments hub Paysecure, UPI processed 3,729.1 transactions per second — a 58 per cent…

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Nation

UPI payments hit due to glitch in some banks’ systems

Posted on February 6, 2024 By admin
UPI payments hit due to glitch in some banks’ systems

Image for representation. | Photo Credit: The Hindu Digital payments through the popular UPI platform were impacted on Tuesday evening because of some banks’ systems facing a glitch, the National Payments Corporation of India said. “Regret inconvenience on UPI connectivity as few of the banks are having some internal technical issues,” the NPCI said on…

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Business

UPI gets global launch at Eiffel Tower in France

Posted on February 3, 2024 By admin
UPI gets global launch at Eiffel Tower in France

National Payments Corporation of India’s (NPCI) Unified Payment Interface (UPI) being formally launched at the Eiffel Tower on February 2, 2024 | Photo Credit: PTI India on Friday formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Narendra Modi’s vision of taking UPI global. “UPI formally launched at the…

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