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Discover all the Company news on UPI and other articles related to UPI in The Paypers News, Reports, and insights on the payments and fintech industry:

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India to link UPI with Malaysia's PayNet for global reach

News | Payments General | 23 Aug 2024

India has announced it will integrate its Unified Payments Interface (UPI) with Malaysia's PayNet.

Global Payments, cross-border payments, payments infrastructure, digital payments

PhonePe and Google Pay see marginal decline, while Paytm records flat growth

News | Payments General | 23 Jul 2024

UPI transactions have seen a marginal dip in June, with PhonePe and Google Pay seeing a decline, and Paytm recording flat development. 

payments , online payments, mobile payments, digital payments, ecommerce

NPCI International collaborates with Qatar National Bank

News | Payments General | 12 Jul 2024

NPCI International Payments Limited (NIPL) has signed an agreement with Qatar National Bank to launch QR code-based UPI payments across the country.

UPI, QR code, QR payments, partnership

STICPAY integrates UPI for secure money transfers in India

News | Payments General | 10 Jun 2024

STICPAY, an e-wallet service provider and payment gateway, has recently integrated UPI, India's mobile-based fast payment system, into its platform.

e-wallet, payment gateway, mobile payments, money transfer

Amazon Pay explores credit services on the UPI platform in collaboration with NPCI

News | Payments General | 18 Apr 2024

Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).

payments , digital wallet, UPI, Amazon, transactions , partnership

Lyra partners with India's NIPL for UPI payments

News | Payments General | 05 Feb 2024

France-based payment solutions provider Lyra has partnered with India-based NPCI International Payments Limited (NIPL) to introduce the UPI payment mechanism in France.

partnership, UPI, online payments, mobile payments, online transaction

Razorpay launches an instant refund system

News | Mobile Payments | 24 Jan 2024

India-based fintech Razorpay has launched an instant refund system for failed Unified Payments Interface (UPI) transactions on its POS systems.

product launch, fintech, mobile payments, POS, refund

BankservAfrica becomes Union Pay International card processor

News | Cards | 08 Dec 2023

Largest automated payments clearing house in Africa, BankservAfrica, has been appointed by Union Pay International (UPI) as the domestic processor to fast-track affordable and accessible card payments in South Africa.

partnership, digital payments, credit card, debit card, ATM, POS, compliance, regulation, payment processor, payment processing, digitalisation, financial inclusion, interchange fee, payments infrastructure

NPCI launches new UPI payment features

News | Payments General | 07 Sep 2023

The Reserve Bank of India (RBI) governor has announced the launch of a new UPI digital payments suite built by the National Payments Corporation of India (NPCI).

product launch, payments , paytech, digitalisation, fintech, QR code, UPI, Tap-to-Pay, credit access, NFC, artificial intelligence

YES BANK is live with UPI interoperability on CBDC

News | Online & Mobile Banking | 01 Sep 2023

India-based YES BANK has gone live with Unified Payments Interface (UPI) interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) app.

product launch, UPI, CBDC, digital currency, banking, fintech, digitalisation, QR code, transactions , crypto

Razorpay launches one-step payments solution Turbo UPI

News | Online Payments | 30 May 2023

India-based fintech Razorpay has launched Turbo UPI to allow customers of online merchants to make UPI payments with redirection to a third-party UPI app during checkout.

UPI, online payments, fintech, checkout optimisation , ecommerce

UPI transactions to account for 90% of retail payments by 2026-2027

News | Online Payments | 01 Jun 2023

PwC India has released a report which highlights that UPI is projected to dominate retail digital payments in India, accounting for 90% of transactions until 2027.

UPI, digital payments, debit card, credit card, report

India's central bank cancels UPI rival project

News | Payments General | 10 Apr 2023

The Reserve Bank of India has abandoned plans for a high-profile project intended to rival the country’s dominant payment system, Unified Payments Interface (UPI).

UPI, RBI, payments infrastructure, ecommerce, payments

India and Singapore connect UPI and PayNow to facilitate cross-border payments

News | Payments General | 21 Feb 2023

India and Singapore have linked their digital payment systems, UPI and PayNow to enable instant and low-cost transfers between the two countries.

remittance, money transfer, cross-border payments, payments infrastructure, UPI, PayNow, real-time payments

India to spend USD 320 mln to promote homegrown payments network

News | Cards | 12 Jan 2023

India has planned to spend around USD 320 million to promote cards in RuPay and for low-value UPI transaction to stir the growth of its national payments network.

UPI, credit card, NPCI, POS, ecommerce