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New Delhi [India], April 7 (ANI): India's digital payment infrastructure has entered a phase of deep structural maturity, with the Unified Payments Interface (UPI) now firmly at the core of the country's retail payments architecture, according to a new report by CareEdge. The report noted, "digital payments now account for 93 per cent of payment value and 99.8 per cent of transaction volume as of 9MFY26." Also Read | Bhavna Bhargava Honey Trap Case: Ex-Serviceman Lured, Threatened With False R ...Read More >
India's Unified Payments Interface (UPI) is revolutionizing the country's payment infrastructure by dominating low-value transactions and expanding internationally. With digital payments now making up 99.8% of transaction volume, UPI is becoming the default rail for retail payments, overshadowing traditional methods like debit cards and prepaid instruments. India's digital payment landscape has reached a pivotal stage of structural advancement, with the Unified Payments Interface (UPI) now serv ...Read More >
New Delhi [India], April 7 (ANI): India's digital payment infrastructure has entered a phase of deep structural maturity, with the Unified Payments Interface (UPI) now firmly at the core of the country's retail payments architecture, according to a new report by CareEdge. The report noted, "digital payments now account for 93 per cent of payment value and 99.8 per cent of transaction volume as of 9MFY26." As per the report, traditional payment instruments such as debit cards and prepaid instru ...Read More >
India's Unified Payments Interface (UPI) processed 218.6 billion transactions in the fiscal year ending March 2026, with a cumulative value of Rs 284.7 lakh crore, according to data from the National Payments Corporation of India (NPCI). Transaction volumes remained consistently elevated, crossing the 20-billion mark in several months, even as growth showed signs of tempering in the latter part of the year. January recorded the highest volume with 21.7 billion transactions, followed by Decembe ...Read More >
New Delhi [India], October 28 (ANI): The Delhi Metro Rail Corporation (DMRC) has taken a significant step forward in its consultancy activities by foraying into the port sector. A Memorandum of Understanding (MoU) was signed on Monday among DMRC, the Deendayal Port Authority (DPA), Umeandus Technology Private Limited, and BEML Limited to develop a Real Time Automated Cargo Evacuation System (e-FTS) for the DPA, based at Kandla, Gujarat. As per the MoU, the e-FTS shall be developed at a pilot pr ...Read More >
New Delhi [India], October 28 (ANI): The Delhi Metro Rail Corporation (DMRC) has taken a significant step forward in its consultancy activities by foraying into the port sector. A Memorandum of Understanding (MoU) was signed on Monday among DMRC, the Deendayal Port Authority (DPA), Umeandus Technology Private Limited, and BEML Limited to develop a Real Time Automated Cargo Evacuation System (e-FTS) for the DPA, based at Kandla, Gujarat. As per the MoU, the e-FTS shall be developed at a pilot pr ...Read More >
BusinessWire India Mumbai (Maharashtra) [India], September 2: IDFC FIRST Bank is pleased to announce the facility to pay GST for both its customers as well as non-customers. The integration provides the following features: 1) Open to both customers and non-customers. 2) Customers can pay GST through UPI, Credit Cards, and Debit cards and internet Banking. 3) Customers can also pay through nationwide branch network (via DD/Cheque/Cash). 4) Easy access to downloadable challans. This enhances ...Read More >
New Delhi: When you apply for a credit card, you usually check things like the features, rewards, and which bank is giving you the card. But did you know that there's a situation where the bank really doesn't matter much? It sounds odd, but it's true -- this happens with RuPay credit cards! RuPay cards, made by NPCI, can be connected to UPI. Once you link your RuPay credit card to UPI, you can make payments through UPI just like you would from your bank. The main difference? Instead of the mone ...Read More >
Delhi/Hyderabad, June 28 (Maxim News): In a major step toward digital transformation, post offices across India will begin accepting digital payments at their service counters from August 2025, as part of a nationwide IT upgrade initiative. Here To Join Us On WhatsApp According to official sources, the Department of Posts is in the final stages of rolling out a new IT application that will enable dynamic QR code-based digital transactions, aligning postal services with India's fast-evolving di ...Read More >
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