[ad_1] New Delhi, March 1: The number of transactions via the Unified Payments Interface (UPI) saw a significant annual increase of 27% in February, reaching 20.39 billion. The total value of these transactions also rose by 22% year-on-year, amounting to ₹26.84 lakh crore, according to data released by the National Payments Corporation of India (NPCI). […]
[ad_1] Tel Aviv, February 26: India and Israel have entered into an agreement for the cross-border use of the Unified Payments Interface (UPI), strengthening digital and financial partnerships between the two nations. This collaboration will integrate UPI with Israel’s domestic payment framework, making digital transactions faster and more cost-effective. On the second and final day […]
[ad_1] NEW DELHI: India and New Zealand have committed to collaborate on developing domestic payments interoperability and supporting real-time cross-border remittances and merchant payments through the integrated Fast Payment Systems (FPS) as part of the trade pact agreed between the two countries.This move strengthens India’s digital payments ecosystem and fintech sector, enhances remittance flows from […]
[ad_1] Since 2022, UPI has expanded to the GCC, with Qatar and Oman becoming the latest countries to join/ Representative image The Unified Payments Interface (UPI) has rapidly gained global attention for revolutionizing digital payments in India, and its expansion is now making waves in the Middle East, especially across the GCC nations. UPI, which […]
[ad_1] In his first interview since taking over as RBIgovernor, Sanjay Malhotra tells TOI’s Mayur Shetty & Sidhartha that while tariffs can have a short-term impact on economic growth, India’s status as the world’s fastest-growing economy won’t be impacted.On rupee volatility, he said RBI doesn’t target a specific rupee-dollar rate. And on FDs, the governor […]
