The Unified Payments Interface (UPI) completed a decade on August 25, 2026, with annual transaction volumes rising from 1.78 crore in 2016-17 to over 24,162 crore in 2025-26, an almost 13,000-fold increase,…
The government plans to build a free AI-powered national coaching network for competitive exams, the PM announced on Independence Day. The platform would use a digital public infrastructure (DPI) model: the state…
India’s fintech companies are trying to turn UPI payments into broader consumer relationships as monthly transactions cross 18 billion. The focus is shifting from processing payments to offering rewards, shopping and financial…
A 50-year-old man from Delhi was cheated of Rs 1.46 crore by fraudsters who posed as officials of the National Payments Corporation of India (NPCI), police said. The accused allegedly contacted the…
Global Fintech Fest 2026 is expected to draw about 500 investors, up from over 350 in the previous edition, organisers said on Thursday. The seventh edition will be held from September 8…
Third-party apps such as Stashfin, CRED, PhonePe, and Google Pay process billions of rupees in credit card bill payments in India every month. While most legitimate apps offer fast and secure transactions,…
India's payments sector raised $5.8 billion across 371 equity funding rounds since January 2021, producing eight IPOs and 25 acquisitions, according to data from global market intelligence platform Tracxn, reported by The…
The government has ruled out any transaction charges for UPI users, saying person-to-person payments will remain free and the vast majority of merchant transactions will also be free. The clarification follows an…
President Droupadi Murmu has given assent to the Taxation and Other Laws (Amendment) Act, 2026, and an amendment to the Payment and Settlement Systems Act, 2007. Both Bills were passed by Parliament…
Sachin Bansal-led Navi increased its UPI market share to 4% in July from 3.7% in June, according to NPCI data cited by Inc42. The fintech startup processed 94.7 crore transactions worth Rs…
