How tourists and NRIs can use UPI without an Indian bank account to make payments
17 hours, 57 minutes ago

How tourists and NRIs can use UPI without an Indian bank account to make payments

Live Mint  

Imagine landing in India, ready to admire the Taj Mahal, shop in the local markets of Mumbai, take in the stunning views of Manali’s snow-capped mountains or enjoy a peaceful houseboat cruise in the backwaters of Kerala – all without fumbling for cash or worrying if your forex cards will be accepted for payments. Thanks to UPI One World, foreign nationals and non-resident Indians can now make hassle-free payments across India seamlessly. Whether you’re a first-time overseas visitor, an NRI returning to reconnect with home, a health tourist, a student or even if you’re catching up with long-distance friends, UPI One World simplifies your payment needs, allowing you to pay for food, transport, accommodation and shopping with just a few taps on your smartphone, without the need to open a local bank account. “UPI One World bridges this gap, allowing visitors to transact digitally without relying on cash or forex cards." User adoption UPI One World was developed jointly by the NPCI, IDFC First Bank, and Transcorp, under the guidance of the RBI and rolled out in July 2024.

World Payments Indian Bank Process Foreign Users Nris Account Cash Foreign Nationals Idfc Upi Wallet Kyc This Feature Agarwal Local Markets Forex Cards Idfc First Transcorp Upi One World  nris  world  process  account  payments  wallet  indian  users  upi  cash  tourists  foreign  bank  agarwal

History of this topic

Mint Explainer: How UPI access will make digital wallet users' life easier
6 days, 23 hours ago

Mint Explainer: How UPI access will make digital wallet users' life easier

Live Mint  

So far, UPI payments from and to a PPI could only be made through the PPI issuer's app. A PPI issuer may “facilitate the discovery of its full-KYC PPIs on third-party UPI mobile applications, which, in turn, shall enable such PPIs to be linked to their PSP handle/s", the central bank notified, adding that such transactions from PPIs, using third-party …

Good news for UPI users! NPCI extends deadline for transaction limits, relief for PhonePe and Google Pay users
1 week, 1 day ago

Good news for UPI users! NPCI extends deadline for transaction limits, relief for PhonePe and Google Pay users

India TV News  

The National Payment Corporation of India has decided to postpone its plan to implement a 30 percent cap on any individual app's share of transactions within the Unified Payments Interface. This recent development comes as a significant relief for PhonePe, backed by Walmart, and Google Pay, which together account for 85 percent of UPI transactions. NPCI, which is supported by …

India Likely To Log Over 171 Billion UPI Transactions In 2024, NPCI Data Shows
Trending News
1 week, 2 days ago

India Likely To Log Over 171 Billion UPI Transactions In 2024, NPCI Data Shows

ABP News  

The Unified Payments Interface is estimated to surpass 171 billion transactions in 2024, official data from the National Payments Corporation of India revealed. The data showed that this represents a 45 per cent surge in the UPI transactions in the country, as against the 117 billion transactions recorded via UPI in 2023, reported Moneycontrol. On an average, the UPI platform …

PPI interoperability: How RBI’s new UPI rule set to ease digital payments? An explainer
1 week, 4 days ago

PPI interoperability: How RBI’s new UPI rule set to ease digital payments? An explainer

Live Mint  

The Reserve Bank of India recently allowed the users of prepaid payment instruments to access UPI services via third party applications. This will enable the PPI holders to make UPI payments like bank account holders,” reads the RBI statement dated April 5, 2024. So, the latest move on Dec 27 was a follow-up action where the RBI instructed all prepaid …

RBI permits UPI transactions via prepaid payment instruments using third-party apps
1 week, 5 days ago

RBI permits UPI transactions via prepaid payment instruments using third-party apps

Deccan Chronicle  

Mumbai: The Reserve Bank on Friday allowed prepaid payment instrument holders to make and receive UPI payments through third-party mobile applications. It has been decided to enable Unified Payments Interface payments from/to full-KYC prepaid payment instruments through third-party UPI applications, the central bank said in a circular. "A PPI issuer shall enable holders of only its full-KYC PPIs to make …

NPCI's International Arm Plans To Expand UPI To 4-6 New Countries In 2025
3 weeks ago

NPCI's International Arm Plans To Expand UPI To 4-6 New Countries In 2025

ABP News  

NPCI International Payments, the entity tasked with expanding NPCI’s homegrown payment products globally, is working to extend the reach of the Unified Payments Interface to four to six additional countries in 2025, up from the current seven, according to Ritesh Shukla, CEO of NIPL. NIPL, a wholly-owned subsidiary of the National Payments Corporation of India, aims to launch UPI in …

Swiggy integrates UPI for 5-second in-app payments: How does it work?
4 months, 3 weeks ago

Swiggy integrates UPI for 5-second in-app payments: How does it work?

India TV News  

Swiggy, a popular online food delivery platform has recently announced the launch of 'Swiggy UPI', a new integration of National Payments Corporation of India’s digital payments solution. Users could complete UPI transactions without leaving the Swiggy app, which will reduce the payment process from five steps to just one, the food aggregator stated in a statement. Anurag Panganamamula, Head of …

Adani Group to enter UPI, digital payment, credit card business to compete Google and Reliance: Report
7 months, 1 week ago

Adani Group to enter UPI, digital payment, credit card business to compete Google and Reliance: Report

Live Mint  

Adani Group is in discussions to enter the e-commerce and payments space as the conglomerate develops a digital company to rival Google and Reliance Industries, owned by Mukesh Ambani, in the world’s most populous country, according to the Financial Times, which cited sources. As per the news report, it is also negotiating to provide online shopping via the Open Network …

NRIs from 10 countries can now make UPI payments using ICICI Banks’s iMobile Pay
8 months ago

NRIs from 10 countries can now make UPI payments using ICICI Banks’s iMobile Pay

Live Mint  

ICICI Bank launched a new facility for Non-Resident Indian customers, enabling them to use their international mobile numbers to make instant UPI payments in India on May 6. This feature would be available through the bank's mobile app, iMobile Pay, and marks a significant shift from the previous requirement for NRIs to register an Indian mobile number for similar transactions. …

UPI now accepted in Nepal: How it works and other key details
9 months, 4 weeks ago

UPI now accepted in Nepal: How it works and other key details

Hindustan Times  

UPI in Nepal: UPI will now be operational in Nepal as well, National Payments Corporation of India announced. The move will help UPI users to scan QR codes for payments while travelling to Nepal as the NPCL said, “NPCI International Payments Ltd, the international division of the National Payments Corporation of India, and Fonepay Payment Service Ltd, Nepal's largest payment …

73% users will stop using UPI if…: What new survey reveals
10 months ago

73% users will stop using UPI if…: What new survey reveals

Hindustan Times  

Most users will stop using Unified Payments Interface if a transaction fee is levied on it, an online survey by LocalCircles revealed. Respondents also claimed that they have paid a transaction fee on their UPI payment once or more in the last one year, the survey added as 73% of those surveyed indicated that they will stop using UPI if …

Flipkart brings new UPI handle to drive digital economy in India
10 months ago

Flipkart brings new UPI handle to drive digital economy in India

India TV News  

Flipkart, an e-commerce marketplace launched its Unified Payments Interface handle to enhance further its digital payment which will offer all the customers, including its 500+ million customers. In its first phase, Flipkart has partnered with Axis Bank, wherein users can register for UPI with @fkaxis handle for their digital transactions using the Flipkart app. Dheeraj Aneja, Senior Vice President - …

RBI and Nepal's Central Bank sign terms for UPI-NPI integration
10 months, 3 weeks ago

RBI and Nepal's Central Bank sign terms for UPI-NPI integration

Op India  

The Reserve Bank of India and Nepal Rastra Bank on Thursday signed and exchanged Terms of Reference for integration of fast payment systems of India and Nepal, viz., the Unified Payments Interface of India and National Payments Interface of Nepal, respectively. The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems …

UPI Services Will Begin in Sri Lanka and Mauritius
10 months, 4 weeks ago

UPI Services Will Begin in Sri Lanka and Mauritius

Deccan Chronicle  

Prime Minister Narendra Modi, along with Sri Lankan President Ranil Wickremesinghe and Prime Minister of Mauritius Pravind Jugnauth, will witness the launch of the Unified Payment Interface services in Sri Lanka and Mauritius and also the RuPay card services in Mauritius on Monday afternoon via video conferencing, New Delhi announced on Sunday. The launch of the service in India's southern …

Sri Lanka, Mauritius will get UPI services, PM Modi to be virtually present
10 months, 4 weeks ago

Sri Lanka, Mauritius will get UPI services, PM Modi to be virtually present

Hindustan Times  

Prime Minister Narendra Modi will be present at the launch of Unified Payment Interface services in Sri Lanka and Mauritius, and also RuPay card services in Mauritius, on 12 February, 2024 at 1pm via video conferencing, the ministry of external affairs said in a press release on Sunday. Prime Minister Narendra Modi will witness the launch of Unified Payment Interface …

From Kirana Stores To Chai Shops, Paytm Credit Card On UPI Is A Gamechanger For Payments
11 months, 3 weeks ago

From Kirana Stores To Chai Shops, Paytm Credit Card On UPI Is A Gamechanger For Payments

ABP News  

The convenience of digital transactions have become a fundamental aspect of our daily lives in today’s fast paced world. One such transformative force in the digital payment landscape is the integration of UPI payments through credit cards on the Paytm app. With just a smartphone, users can easily make UPI payments via credit cards on the Paytm app, powered by …

RBI raises UPI transaction limits, e-mandate bar; check all announcements
1 year, 1 month ago

RBI raises UPI transaction limits, e-mandate bar; check all announcements

Hindustan Times  

Reserve Bank of India Governor Shaktikanata Das on Friday announced several decisions on the Unified Payments Interface, including raising the Unified Payments Interface payment limit to hospitals and educational institutions to ₹5 lakh from ₹1 lakh. The UPI, India's mobile-based fast payment system, enables users to make instantaneous, round-the-clock payments via Virtual Payment Address UPI limits increased: While unveiling the …

NPCI unveils a suite of digital-payment products
1 year, 4 months ago

NPCI unveils a suite of digital-payment products

The Hindu  

National Payments Corporation of India, the developer of UPI, has unveiled several new products — Credit Line on UPI, UPI LITE X and Tap & Pay, Hello! UPI - Conversational Payments on UPI, BillPay Connect - Conversational Bill Payments — with an aim to create an inclusive, resilient, and sustainable digital payments ecosystem. While Credit Line on UPI would enable …

India in talks with countries in LatAm, Africa for UPI, RuPay
1 year, 4 months ago

India in talks with countries in LatAm, Africa for UPI, RuPay

Live Mint  

New Delhi: India is in talks with several South American and African nations for introducing Unified Payment Interface and RuPay cards, in its efforts to establish the payment platforms internationally, a senior government official said. “The discussions are primarily on with high commissions embassies, and are at various stages of negotiations, as India looks to internationalise these platforms,” the official …

India's User-Friendly UPI System Leaves German Minister Fascinated
1 year, 4 months ago

India's User-Friendly UPI System Leaves German Minister Fascinated

News 18  

India’s Unified Payments Interface often earn praise for its efficiency and user-friendly mechanism. The latest to join the list was Germany’s Federal Minister for Digital and Transport, Volker Wissing who was fascinated while making UPI payment. The video of the German minister making payment using a scan code was shared by the German Embassy in India which termed UPI, one …

‘France to soon start using India’s UPI payment mechanism ’: PM Modi
1 year, 5 months ago

‘France to soon start using India’s UPI payment mechanism ’: PM Modi

Live Mint  

India and France have agreed to use Unified Payments Interface payment mechanism which will begin from the iconic Eiffel Tower, Prime Minister Narendra Modi announced on Thursday. Addressing the Indian community at La Seine Musicale in Paris, PM Modi said, “Be it India's UPI or other digital platforms, they have brought a huge social transformation in the country and I …

RBI approves expanding UPI transactions to allow credit payments
1 year, 9 months ago

RBI approves expanding UPI transactions to allow credit payments

Live Mint  

Individuals with pre-approved credit lines from banks will soon be able to use it to make payments over the Unified Payments Interface, the Reserve Bank of India said on Thursday, setting the stage for new credit products over the homegrown payments platform. Last June, the RBI also approved the use of Rupay credit cards on UPI, stoking hopes that it …

How can you make payments using a credit card via UPI: Step-by-step guide
1 year, 9 months ago

How can you make payments using a credit card via UPI: Step-by-step guide

India TV News  

The National Payments Corporation of India has collaborated with payment aggregators such as Google Pay, Paytm, and Razorpay to allow credit card transactions over the Unified Payments Interface. This comes after the Reserve Bank of India linked RuPay credit cards to UPI in an effort to combine the benefits of both, providing customers with the quick payment experience of UPI …

NPCI says no charge on 'normal' UPI payments; but is free service sustainable?
1 year, 9 months ago

NPCI says no charge on 'normal' UPI payments; but is free service sustainable?

Hindustan Times  

The National Payments Corporation of India, which owns and runs the Unified Payments Interface, said on Wednesday that it has implemented fees on UPI transactions on only Prepaid Payment Instrument merchant transactions, and not on regular bank-to-bank UPI transactions. “To pay digitally at merchant locations actually increases the sales value of the merchant.” UPI as 'free service' sustainable Gandhi says …

No charge on normal UPI payments: NPCI
1 year, 9 months ago

No charge on normal UPI payments: NPCI

Deccan Chronicle  

New Delhi: National Payments Corporation of India on Wednesday said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments. NPCI has permitted the PPI wallets to be part of interoperable UPI ecosystem and levied 1.1 per cent charge on unified payment interface transactions above Rs 2,000 while using PPI. "The interchange charges …

'Main Payment Nahi Karega': UPI Charges For Over ₹2000 Transaction Trigger Meme Fest
1 year, 9 months ago

'Main Payment Nahi Karega': UPI Charges For Over ₹2000 Transaction Trigger Meme Fest

News 18  

“Bhaiya, QR code hai kya?” Honestly, we all can relate to this line. But some ppl be like: pic.twitter.com/hloHJmtzfb — Kadak March 29, 2023 A user shared how people would clean their devices after the UPI changes come into effect. #UPIcharges pic.twitter.com/UD3Na6BKPD— 👑Che_ಕೃಷ್ಣ🇮🇳💛❤️ March 29, 2023 In the middle of this, a user has shared the perfect UPI users vs …

What's Changing With UPI Merchant Transactions from April 1? EXPLAINED
1 year, 9 months ago

What's Changing With UPI Merchant Transactions from April 1? EXPLAINED

News 18  

National Payments Corporation of India on Wednesday said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments. NPCI has permitted the PPI wallets to be part of interoperable UPI ecosystem and levied 1.1 per cent charge on unified payment interface transactions above Rs 2,000 while using PPI. “The interchange charges introduced are …

UPI Is Free And Safe! Customers Pay Nothing, Only PPI Merchant Transactions Pay Interchange Fee: NPCI
1 year, 9 months ago

UPI Is Free And Safe! Customers Pay Nothing, Only PPI Merchant Transactions Pay Interchange Fee: NPCI

News 18  

The National Payments Corporation of India on Wednesday said that UPI has emerged as the preferred mode of digital payment by offering free, fast, secure and seamless experience. Traditionally, the most preferred method of UPI transactions is linking the bank account in any UPI enabled app for making payments which contributes over 99.9% of total UPI transactions, it added. The …

PPI Wallet transactions of over ₹2,000 on UPI to attract 1.1% charge from April 1, 2023
1 year, 9 months ago

PPI Wallet transactions of over ₹2,000 on UPI to attract 1.1% charge from April 1, 2023

The Hindu  

Starting April 1, merchant transactions exceeding ₹2,000 in value done using Prepaid Payment Instruments on UPI will attract an interchange charge of 1.1%. However, “the new interchange charges are only applicable for the PPI merchant transactions and there is no charge to customers,” the National Payments Corporation of India, which governs UPI,, said in a statement on Wednesday. Rajsri Rengan, …

From Your Sabziwala to Countries Like Singapore, How UPI Has Changed the Way You Pay - News18
1 year, 9 months ago

From Your Sabziwala to Countries Like Singapore, How UPI Has Changed the Way You Pay - News18

News 18  

Keeping up with the digital era, the Centre presented an idea that significantly reduced the worry of not having enough cash or an ATM nearby. India’s UPI journey began almost seven years ago and since then, the report card has showed only promising outcomes, including its role in boosting the fin-tech ecosystem. In December, Bharat Interface for Money was launched …

DC Edit | UPI may be a game-changer
1 year, 10 months ago

DC Edit | UPI may be a game-changer

Deccan Chronicle  

Indians have witnessed but possibly overlooked a proud national accomplishment. It concerns the virtual launch of a linkage in real time between the biggest public payment platform of India, the Unified Payments Interface, and PayNow of Singapore. Creating the UPI was a great achievement for India, both from the vantage points of policy and vision, and creating a legal and …

UPI payment available for international travellers visiting Delhi, Mumbai, Bengaluru airports – Details
1 year, 10 months ago

UPI payment available for international travellers visiting Delhi, Mumbai, Bengaluru airports – Details

India TV News  

The Reserve Bank of India has announced that the Unified Payments Interface payment facility for foreign visitors to India has commenced operations. With the UPI payment facility, inbound travelers will be able to make local payments during their stay in India. However, there are plans to expand this payment facility to other airports and cities in the near future, enabling …

Inbound Travellers From G20 Countries Can Avail UPI Facility At Three Airports, Says RBI
1 year, 10 months ago

Inbound Travellers From G20 Countries Can Avail UPI Facility At Three Airports, Says RBI

ABP News  

The Reserve Bank of India on Tuesday said inbound travellers from G20 countries arriving at Mumbai, Delhi, and Bengaluru international airports would be able to use Unified Payments Interface for merchant transactions. According to the statement issued by the central bank, eligible travellers would be issued Prepaid Payment Instruments wallets linked to UPI for making payments at merchant outlets. To …

RBI allows UPI-based transactions for inbound travellers to India
1 year, 10 months ago

RBI allows UPI-based transactions for inbound travellers to India

The Hindu  

A facility to enable all in-bound travellers visiting India to make local payments using Unified Payments Interface while they are in India has been made available from Tuesday, the Reserve Bank of India said. “Eligible travellers would be issued Prepaid Payment Instruments wallets linked to UPI for making payments at merchant outlets. To begin with, ICICI Bank, IDFC First Bank …

India's UPI and Singapore's PayNow are now linked: How will this benefit users?
1 year, 10 months ago

India's UPI and Singapore's PayNow are now linked: How will this benefit users?

Firstpost  

India has experienced a technological revolution in recent years. With the Unified Payments Interface being connected to PayNow on Tuesday, Indians can now send money to their friends, coworkers, and relatives in Singapore via digital payment systems like Google Pay and PayTM. 🎥A short film screened on UPI of India and PayNow of Singapore It elucidates how the linkage of …

India, Singapore launch linkage of real-time payment systems
1 year, 10 months ago

India, Singapore launch linkage of real-time payment systems

The Hindu  

India’s Unified Payments Interface — better known as UPI — and Singapore’s PayNow were officially connected on Tuesday, allow for a “real-time payment linkage”. Congratulations to the Monetary Authority of Singapore, the Reserve Bank of India and all the stakeholders in Singapore and India who have helped make the linkage a reality,” Lee Hsien Loong said at the event. Demonstrating …

How UPI's Money Mantra Is Reverberating Louder across The World
1 year, 10 months ago

How UPI's Money Mantra Is Reverberating Louder across The World

News 18  

Prime Minister Narendra Modi and his Singapore counterpart, Lee Hsien Loong, will witness the launch of cross-border connectivity between the Unified Payments Interface of India and PayNow of Singapore on Tuesday. Countries that have adopted it: Bhutan NPCI International Payments Ltd, the international arm of National Payment Corporation of India, and Royal Monetary Authority of Bhutan partnered for enabling and …

Inbound travellers from G20 countries visiting India can avail UPI facility at 3 airports: RBI
1 year, 10 months ago

Inbound travellers from G20 countries visiting India can avail UPI facility at 3 airports: RBI

India TV News  

The Reserve Bank of India on Tuesday started the facility to enable all inbound travellers visiting India to make local payments using UPI during there stay in India. Eligible travellers would be issued Prepaid Payment Instruments wallets linked to UPI for making payments at merchant outlets. To begin with, ICICI Bank, IDFC First Bank and two non-bank PPI issuers, Pine …

Paytm's UPI Lite will now let users make payments without using PIN
1 year, 10 months ago

Paytm's UPI Lite will now let users make payments without using PIN

India Today  

Paytm, the popular payments app, has introduced a new feature called UPI Lite that makes it easier for users to make small value transactions without needing to enter a PIN every time. Talking about the new feature, Praveena Rai, COO, NPCI, said, “We are very excited to launch UPI LITE on Paytm Payments Bank. With UPI Lite, users can carry …

Travellers from G20 can use UPI for payments at select airports: RBI Governor
1 year, 11 months ago

Travellers from G20 can use UPI for payments at select airports: RBI Governor

Hindustan Times  

The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood. It is now proposed to permit all …

Indian travelers can soon make UPI payments using PhonePe in UAE, Singapore and other countries
1 year, 11 months ago

Indian travelers can soon make UPI payments using PhonePe in UAE, Singapore and other countries

India Today  

PhonePe has become the first fintech app to facilitate UPI payments in countries. The new update on the PhonePe will let users instantly pay foreign merchants using UPI.PhonePe has extended its UPI support in countries including UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR code. Speaking on the development, Rahul Chari, CTO and Co-Founder of PhonePe said, …

Explained | India’s UPI push
1 year, 11 months ago

Explained | India’s UPI push

The Hindu  

The story so far: On January 10, the National Payments Corporation of India paved the way for international numbers to be able to transact using UPI. Addressing theinfrastructural and technological changes required to support such payments, he said, “Currently, all the internal systems as well as ecosystem players such as banks, NPCI, etc only understand India-based mobile numbers for UPI …

UPI for NRIs: What it means for India and Indians abroad
1 year, 11 months ago

UPI for NRIs: What it means for India and Indians abroad

Live Mint  

The National Payments Corp. of India has allowed Indians abroad to use fast payments network UPI, if their domestic bank accounts are linked to their foreign mobile numbers. On 10 January, India’s retail payments umbrella body NPCI issued a circular that paved the way for wider adoption of homegrown payments platform UPI. So far, only Indian phone numbers were allowed …

Soon, NRIs can use international numbers for UPI payments
1 year, 11 months ago

Soon, NRIs can use international numbers for UPI payments

Live Mint  

Non-resident Indians will soon be able to make the united payments interface payments without having an Indian mobile number, that is using their international number. And there has been customer demand in the ecosystem to enable UPI for their NR accounts have international number and experience the seamless and instant journey of UPI.” To start with, NRIs from Singapore, Australia, …

NRIs from 10 countries can use UPI with their international mobile numbers
1 year, 11 months ago

NRIs from 10 countries can use UPI with their international mobile numbers

The Hindu  

Non-resident account types like NRE/NRO that have international mobile numbers will now be allowed to transact with UPI, according to a notice by the National Payments Corporation of India. Transactions from mobile numbers of ten countries will be enabled to begin with — Singapore, Australia, Canada, Hong Kong, Oman, Qatar, United States of America, Saudi Arabia, United Arab Emirates and …

NRIs will be able to use UPI with international phone numbers & NRE
1 year, 11 months ago

NRIs will be able to use UPI with international phone numbers & NRE

Op India  

On January 10, the National Payments Corporation of India announced that soon Non-Resident External and Non-Resident Ordinary account holders with international mobile numbers linked to their accounts would be able to use Unified Payments Interface. From time to time, NRIs have raised the issue with the Government of India and asked to allow them to use UPI with international numbers …

Explained: How Indian travellers can now use UPI to make payments in Europe
2 years, 2 months ago

Explained: How Indian travellers can now use UPI to make payments in Europe

Firstpost  

Indians can soon pay for transactions through the Unified Payments Interface in Europe. The development comes as the NPCI International Payments Ltd, the global arm of the National Payments Corporation of India, has partnered with France-based digital payment company Worldline to expand the services of the Indian payment means across Europe, PTI reported. Notably, the UPI payments made in Europe …

No charges on using RuPay credit card for UPI transactions less than ₹2,000
2 years, 3 months ago

No charges on using RuPay credit card for UPI transactions less than ₹2,000

Hindustan Times  

The National Payments Corporation of India in a circular has said unified payments interface transactions up to ₹2,000 for RuPay credit card user won't be charged. Earlier, Reserve Bank of India's deputy governor T Rabi Sankar had said that the basic objective of linking the credit cars to UPI is to provide a customer with wider choice of payments. Earlier, …

UPI payments to be charged? Finance ministry responds
2 years, 4 months ago

UPI payments to be charged? Finance ministry responds

India Today  

The central government has clarified its position on reports claiming that it may levy additional charges on UPI payments. The tweet also said that the cost of recovery has to be met through other means, and the government has provided financial support for the digital payments ecosystem in the country. Although the paper did not only relate to UPI transactions, …

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