Ten years ago, India attempted something no large economy had tried - a single real-time interoperable payments network, working across hundreds of banks and every smartphone that could run an app.

Digital payments across India faced major trouble on 1 April 2026, as UPI services slowed or stopped for many users. State Bank of India, HDFC Bank, ICICI Bank and Axis Bank all reported issues.

Starting April 1, 2026, several significant changes to digital payment and banking rules in India have come into effect as the Reserve Bank of India has introduced stricter rules aimed at reducing ...

Did our AI summary help? The BHIM app now lets you make smaller payments using fingerprint or face ID instead of a PIN. Here’s what that means in everyday use. For something most of us use almost ...

The Reserve Bank of India on Thursday released a discussion paper that sets out four options for introducing extra layers of safeguards in digital transactions, which include a lagged credit for ...

New Delhi: India is tightening the security backbone of its quick response (QR) code-based payments, eyeing a wider global footprint for its united payments interface (UPI). Towards this, the Bureau ...

FASTag Big Update: In a major development, the Road Transport and Highways Ministry has made FASTag and UPI the only ways to pay toll tax. It means that commuters will not be able to make cash ...

India’s UPI system has enabled high-value transactions, allowing users to pay up to ₹10 lakh a day for investments, insurance, travel, credit cards, and jewellery, starting today. It is simultaneously ...

India's digital payment infrastructure has entered a phase of deep structural maturity, with the Unified Payments Interface (UPI) now firmly at the core of the country's retail payments architecture, ...

Checkout friction often determines whether a sale happens — but post-purchase refund friction can erode profit margins. New data suggests that expanding payment options may be one of the most ...

Cross Switch has collaborated with Absa to enable online merchants on its platform to offer their customers Absa Pay, a secure, bank-authenticated payment option. According to a statement, unlike ...