RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

Jun 01, 2024

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI...

RBI launches UPI service for feature phones

Mar 08, 2022

Mumbai (Maharashtra) [India], March 8 : The Reserve Bank of India (RBI) on Tuesday launched a unified payments interface (UPI) service for feature phones,...

Paytm UPI handles can continue after migration to other banks: RBI clarifies

Feb 23, 2024

The Reserve Bank of India (RBI) on Friday directed the UPI watchdog, the National Payments Corporation of India (NPCI) to examine the request of...

RBI announces linking of pre-sanctioned credit lines with UPI to enhance faster credits

Dec 06, 2024

The RBI proposed extending the scope of pre-sanctioned credit lines via the Unified Payments Interface (UPI) to Small Finance Banks (SFBs).

RBI proposes UPI payments facility for inbound travellers

Feb 08, 2023

Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they...

RBI governor meets UPI stakeholders, discusses future strategies

May 08, 2024

The UPI payment system has become hugely popular for retail digital payments in India, and its adoption is increasing at a rapid pace.