Tag: Unified Payments Interface (UPI)

“India and Mauritius share strong cultural, commercial and people-to-people ties”: PM Jugnauth at launch of UPI linkage

The Mauritian PM also expressed gratitude to the Union government for its support in leveraging digital transformation in the island country.

February 13, 2024

“Special day for 3 friendly countries in Indian Ocean region”: PM Modi on launch of UPI services in Sri Lanka, Mauritius

As launch took place, the first UPI transaction was conducted by an Indian national in Mauritius. Separately, an Indian national in Sri Lanka also conducted the first UPI transaction.

February 12, 2024

“Significant step towards taking UPI global”: PM Modi on launch of UPI at Eiffel Tower

The UPI was formally launched at the Republic Day reception held in France.

February 3, 2024

Cheap and idle money moving out of banking system and chasing returns

India is a young population and the per capita GDP has crossed the $2,000-mark and stands at approximately $2,200.

January 28, 2024

Key UPI transaction changes that come into effect in New Year

The National Payments Corporation of India (NPCI) have instructed payment apps to deactivate inactive UPI IDs that have not been active for more than one year.

January 2, 2024