Finance Minister Nirmala Sitharaman urged stakeholders to address UPI infrastructure gaps, aiming for one billion daily ...

GST on UPI Payments: The government has denied specific media reports claiming that it is considering proposals to levy a GST of nearly 18 per cent on digital payments made on the UPI platforms ...

The government has refuted claims of imposing GST on UPI transactions exceeding Rs 2,000, clarifying that no such proposal exists. GST applies to charges like Merchant Discount Rate (MDR), which ...

Industry experts suggest this incident highlights the need for more robust failsafe mechanisms within the UPI architecture itself. "Relying solely on partner banks to self-regulate their API calls ...

Last month, the Union Cabinet approved an incentive scheme for UPI transactions for FY25, where it estimated an outlay of ₹1,500 crore for incentivizing low-value peer-to-merchant (P2M ...

The Government on Friday (April 18, 2025) clarified that it is not mulling to levy GST on UPI transactions above ₹2,000. Clarifying on reports, which said that the government is considering ...

If you are a regular UPI user and are considering linking your credit card to it, you are recommended to secure a Rupay credit card. Those who are not aware, Rupay Credit cards enable the ...

The United Payments Interface or UPI, has emerged as the preferred mode of payment for millions of Indians over the last decade, and now the National Payments Corporation of India (NPCI ...

Digital transactions were impacted today due to a widespread Unified Payments Interface (UPI) outage with several users reporting problems in the instant payment interface. As per DownDetector ...

UPI Meta has emerged as a potential game-changer in the digital payments landscape, with the National Payments Corporation of India (NPCI) reportedly exploring this new feature to simplify the ...