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New Delhi, April 1 (SocialNews.XYZ) India's digital payments ecosystem saw a strong comeback in March 2026, with the Unified Payments Interface (UPI) registering its highest-ever monthly transaction volume since its launch in 2016, according to data released by the National Payments Corporation of India on Wednesday. UPI processed 22.64 billion transactions in March, marking a sharp rise from 20.39 billion transactions recorded in February. The March figure also surpassed the previous high of 2 ...Read More >

New Delhi, April 1: Digital payment services faced disruption across India on Wednesday, leaving many users unable to complete transactions through UPI platforms. According to outage tracking platform Downdetector, complaints surged sharply during the day -- indicating a widespread issue. The impact appeared significant on State Bank of India, which saw over 500 outage reports, while UCO Bank recorded around 40 complaints. Overall, UPI-related downtime reports also crossed 40, with numbers cont ...Read More >

Mumbai, April 1: In a concerning case of cyber fraud, a sitting judge of a city court in Mumbai was duped of Rs 93,000 by cybercriminals who used a malicious customer care application to gain access to his banking details. The 46-year-old judge, posted at the Small Causes Court, sought technical assistance after noticing a display issue on his mobile phone on March 30. While searching online for help, he came across a contact number claiming to be that of Samsung customer care. Upon calling the ...Read More >

Mumbai, April 1 (SocialNews.XYZ) In a concerning case of cyber fraud, a sitting judge of a city court in Mumbai was duped of Rs 93,000 by cybercriminals who used a malicious customer care application to gain access to his banking details. The 46-year-old judge, posted at the Small Causes Court, sought technical assistance after noticing a display issue on his mobile phone on March 30. While searching online for help, he came across a contact number claiming to be that of Samsung customer care. ...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 >

Mumbai: Google Pay has been distributing personal loans on behalf of its lending partners for several years and has now expanded its product suite to include credit cards. However, while personal loans are a third-party product, the credit card launch is the first native product introduced by the payments giant, which aims to go beyond distribution and create a credit ecosystem on the platform. "We're not doing this simply because we have distribution power. If that was the case, I would have g ...Read More >

Mumbai, Dec 15 (PTI) The country's largest lender, SBI, has embarked on a focused project to help its customers visiting branches migrate to cost-efficient digital banking channels, a top official said on Monday. Speaking at the launch of a new version of its Yono app, bank chairman C S Setty said the bank has begun an initiative in which dedicated executives or floor managers help customers migrate to the digital channel, which is also very convenient for them. "We already have 3,500 executiv ...Read More >

A 63-year-old man in Hyderabad was allegedly cheated out of ₹43 lakh by cyber fraudsters who lured him into a fake online share trading scheme. The victim was initially contacted via WhatsApp by someone claiming to represent a private financial institution. The individual offered opportunities to invest in IPO allotments and participate in share trading, promising high returns. According to Hyderabad cybercrime officials, the fraudsters used convincing tactics to gain the victim's trust. They ...Read More >

Chennai (Tamil Nadu) [India], August 20: AssetPlus, India's leading digital platform for Mutual Fund Distributors (MFDs), today announced the launch of UPI AutoPay for Systematic Investment Plans (SIPs) through an integration with the Bombay Stock Exchange (BSE). This new capability allows investors to authorise recurring payments directly from their preferred UPI app, marking a significant leap towards faster, more convenient, and more transparent SIP mandate registration. Also Read | Who is M ...Read More >

VMPL Chennai (Tamil Nadu) [India], August 20: AssetPlus, India's leading digital platform for Mutual Fund Distributors (MFDs), today announced the launch of UPI AutoPay for Systematic Investment Plans (SIPs) through an integration with the Bombay Stock Exchange (BSE). This new capability allows investors to authorise recurring payments directly from their preferred UPI app, marking a significant leap towards faster, more convenient, and more transparent SIP mandate registration. For years, SIP ...Read More >

New Delhi, August 14: The National Payments Corporation of India (NPCI) has directed banks and payment apps to stop all peer-to-peer "collect requests." Starting from October 1, 2025, a widely UPI feature will no longer be available. The decision comes as authorities aim to improve transaction security and curb fraud. Many users have fallen victim to fake payment requests, where scammers trick people into sending money unknowingly. The decision is expected to change how people handle everyday U ...Read More >

Bengaluru, July 19 (SocialNews.XYZ) The Karnataka BJP, on Saturday, announced the launch of a helpline to safeguard the interests of small traders in the state in the backdrop of row over GST Addressing a press conference at the State BJP Office, Jagannath Bhavan, in Bengaluru, the Leader of the Opposition in Legislative Council, Chalavadi Narayanaswamy, has said that the BJP will launch a helpline (8884245123) from July 21 to safeguard the interests of small traders in the state. He added tha ...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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