Browsing: NPCI

India’s UPI implements new security protocols for high-value transactions and ATM withdrawals from June 1, enhancing fraud prevention amid record transaction volumes.

NPCI meets Amazon Pay, CRED, MobiKwik, WhatsApp Pay and others to address UPI concentration, PhonePe and Google Pay dominance, and revive its 30% cap.

NPCI seeks RBI approval for digital KYC on UPI One World, streamlining onboarding for foreign visitors and boosting adoption.

Prime Minister Narendra Modi’s 2026 state visit to Israel delivered new MoUs across AI, cybersecurity, agriculture, and fintech, including Unified Payments Interface (UPI) access in Israel, while deepening defense, trade, and regional security cooperation with Prime Minister Benjamin Netanyahu under an upgraded special strategic partnership.

NPCI and Anthropic are piloting an “agentic commerce” experience that lets users shop via Claude AI and pay with UPI, extending UPI Circle to autonomous AI assistants while building on prior ChatGPT and Gemini collaborations.

NPCI International and PayNet have linked India’s UPI with Malaysia’s DuitNow QR, enabling INR-MYR QR payments for tourists and cutting FX costs.

India explores linking UPI with Alipay+ for seamless global digital payments. Streamlining transactions for Indian travelers abroad.

India allocates INR 2,000 crore for RuPay and BHIM-UPI incentives, boosting digital transactions and supporting small merchants.

India’s UPI achieved 21.63 billion transactions worth ₹27.97 trillion in December 2025, up 29% YoY. NPCI data shows daily average of 698M txns in digital payments boom.

India’s UPI achieved 21.63 billion transactions worth ₹27.97 trillion in December 2025, up 29% YoY. NPCI data shows daily average of 698M txns in digital payments boom.