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Tag: upi transactions

No proposal to levy charges on UPI transactions: RBI Governor Malhotra

Posted on October 1, 2025 By admin
No proposal to levy charges on UPI transactions: RBI Governor Malhotra

Reserve Bank of India Governor Sanjay Malhotra during a press conference in Mumbai, Maharashtra, on October 1, 2025 | Photo Credit: RBI Reserve Bank Governor Sanjay Malhotra on Wednesday (October 1, 2025) said there is no proposal to levy any charge on UPI transactions. RBI MPC meeting LIVE The Governor also said the central bank…

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Business

UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October

Posted on November 1, 2024 By admin
UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October

Daily UPI transactions in October crossed 535 million in volume. New Delhi: The Unified Payments Interface (UPI)-based digital transactions continued to surge and in the month of October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI became operational in April 2016. According to data shared by…

Read More “UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October” »

Nation

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…

Read More “Rs 81 Lakh Crore Worth Transactions Processed By UPI In April-July” »

Nation

HDFC Bank To Stop SMS Alerts For Some UPI Transactions. Check Details Here

Posted on May 29, 2024 By admin
HDFC Bank To Stop SMS Alerts For Some UPI Transactions. Check Details Here

New Delhi: Starting June 25, HDFC Bank will stop sending SMS alerts for UPI transactions up to Rs 100. Now SMS notifications will be pushed only for transactions above Rs 100 (for money sent/paid) and above Rs 500 (for money received). The lender informed its customers through emails that they would continue to receive email…

Read More “HDFC Bank To Stop SMS Alerts For Some UPI Transactions. Check Details Here” »

Nation

India accounts for 40% of all digital payments in the world: RBI governor

Posted on March 4, 2024 By admin
India accounts for 40% of all digital payments in the world: RBI governor

File picture of RBI Governor Shaktikanta Das, who said that India accounts for 40% of all digital payments in the world | Photo Credit: ANI Reserve Bank of India Governor Shaktikanta Das said on Monday that digital transactions in India have grown 90-fold in 12 years. Mr. Das was speaking at the RBI headquarters in…

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