The daily brief
News, context, clarity.
All news stories and reports tagged with #Digital Payments.
Credit card transactions in India reached a total of ₹2,194 billion in March, marking a 24 percent rise from the previous month. While monthly growth was robust, analysts point out that the annual...
In a strategic push for economic synergy, Union Finance Minister Nirmala Sitharaman engaged in high-level talks with South Korea's FSC Chairman Lee Bok-hyeon in New Delhi on Monday. The agenda...
India's digital payments giant PhonePe has hit pause on its highly anticipated stock market debut. Citing ongoing geopolitical tensions and turbulent global markets, the company revealed Monday it is...
In a significant boost to bilateral digital finance, India and Israel inked a deal Thursday to enable cross-border UPI payments. Prime Minister Narendra Modi's presence at the signing in Tel Aviv...
Ten years ago, PhonePe entered India's digital payments arena as an early UPI adopter. Fast-forward to today: it's a diversified juggernaut serving 650 million consumers and 47 million merchants...
Chhattisgarh has revolutionized GST return filing by introducing credit card, debit card, and UPI payment options. This significant move, championed by Chief Minister Vishnu Deo Sai and Finance...
Chhattisgarh's finance department has rolled out a significant upgrade for Goods and Services Tax (GST) payers, introducing credit card, debit card, and UPI as viable payment methods. This move...
Significant changes are coming to Unified Payment Interface (UPI) transactions, starting August 1, 2025. These updates, implemented by the National Payments Corporation of India (NPCI), aim to...
Union Minister for Road Transport and Highways, Nitin Gadkari, has announced a significant update to the toll tax system, promising major changes within the next three days. Gadkari, in a candid...
The Indian government has announced significant relief for vehicle owners traveling on national highways without a FASTag or with a malfunctioning FASTag. They will no longer be required to pay...
The FASTag Annual Pass, launched on August 15, 2025, has garnered a remarkable response from the public. Within a mere four days, the service has onboarded over 500,000 users across the country....
The National Highway Authority of India (NHAI) introduced the FASTag Annual Pass on August 15th. This pass allows private vehicle owners to make 200 toll crossings for just ₹3,000. This FASTag is...
Prime Minister Narendra Modi delivered a compelling speech at the CSPOC conference, positioning India as a powerhouse from fintech innovations like UPI to life-saving vaccine distributions. His...
Bengaluru, once a leading adopter of digital payments, is witnessing a resurgence of cash transactions as shopkeepers and street vendors increasingly refuse UPI. This shift is primarily attributed to...
The second day of the national conference on district-level overall development in Patna saw participation from numerous senior administrators, policymakers, and experts from across the country. They...
Mumbai's financial landscape shook on Friday as RBI pulled the plug on Paytm Payments Bank's operating license. Citing persistent violations of licensing conditions, the regulator has ordered an...
In a game-changing development for South Asian travel, NPCI's international unit NIPL has broadened UPI's footprint in Sri Lanka. The expansion integrates India's blockbuster payment system with the...
In a candid address at IIM Bengaluru, Infosys founder N.R. Narayan Murthy lauded the Reserve Bank of India's (RBI) pivotal role in revolutionizing digital payments through UPI. He called RBI a...
Paytm isn't sweating the end of RBI's PIDF scheme. The payments leader disclosed to exchanges that ramped-up revenues and focused merchant outreach will neutralize any revenue dip post-2025. This...
India's BHIM app is riding high on user confidence, posting a massive 300% jump in monthly transactions over 2025. According to fresh figures from NPCI BHIM Services Limited, the platform processed...
UPI is the easiest and most reliable way to make digital payments in the country. However, until now, most UPI IDs were linked to mobile numbers, which raised concerns about privacy and security. To...
Significant changes are coming to the Unified Payments Interface (UPI) system, impacting millions of users. The National Payments Corporation of India (NPCI) has announced the discontinuation of the...
The Reserve Bank of India has given a significant boost to PhonePe, a fintech company providing online payment services, just before Diwali. The RBI has approved PhonePe as an online payment...
Concerns regarding the potential shutdown of Paytm UPI after August 31st have been addressed. Recent notifications received by users on various UPI apps sparked inquiries, which Paytm has clarified...
UPI has simplified payments, enabling instant money transfers via mobile numbers or QR codes. However, errors can occur, such as entering the wrong number, adding or omitting a digit, or sending...
Unified Payments Interface (UPI) has become the dominant digital payment method in India. Since its inception in 2016, it has revolutionized how people make transactions. UPI allows users to transfer...
Prime Minister Narendra Modi was bestowed with Ghana's highest national honor, the Officer of the Order of the Star of Ghana, by President John Dramani Mahama. The award recognizes his distinguished...
It's been exactly 10 years since Startup India ignited a firestorm of innovation across the nation. What started as a government push for self-reliance has birthed unicorns that redefined everyday...
PhonePe, India's leading digital payments platform, has rolled out 'Bolt'—a next-generation payment gateway exclusively for Visa and Mastercard. Aimed at supercharging online shopping, Bolt delivers...