Latest Unified Payments Interface (UPI) News & Updates

Auckland, July 10 (IANS) As the Unified Payments Interface (UPI) expands its global footprint, New Zealand is ready to experience the digital payment freedom that comes with India’s unique and indigenously developed QR-based system, its Trade and Investment Minister, Todd McClay, said on Friday.Speaking to IANS, the minister stressed that New Zealand is a very open economy and one needs to fit with the rules the country has in place and “I don’t think that will be such a challenge”.”UPI can …

Gandhinagar, June 29 (IANS) Strong early public uptake has been recorded for Gandhinagar’s newly introduced electric bus service under the ‘PM eBus Sewa’ initiative, with approximately 3,500 passengers using the service by 3 p.m. on the first day of operation, according to official data. The service was inaugurated on Sunday by Union Home and Cooperation Minister Amit Shah, who flagged off fully air-conditioned electric buses as part of the project’s first phase.The rollout has been implem…

New Delhi, June 28 (IANS) Direct employment generated by recognised Indian startups has reached 23.36 lakh, reflecting a 36.1 per cent year-on-year surge in job creation, according to an official statement.Nearly 48 per cent of all recognised startups feature at least one woman director or partner, underscoring the inclusive character of India’s innovation growth.With over 2 lakh DPIIT-recognised startups (as of December 2025), India stands firmly as one of the world’s largest startup ecosyste…

Kanpur, June 24 (IANS) Ashutosh Yadav, a resident of Kanpur, who had earlier written a letter to Prime Minister Narendra Modi urging him to ensure that no compromise is made regarding his security after PM Modi had downsized his convoy during the then global instability, expressed gratitude after receiving a response from the Prime Minister.Speaking to IANS, Ashutosh Yadav reiterated that sarifices by the citizens are essential for the “idea of Nation First”.He said: “I consider myself fortunate…

New Delhi, May 22 (IANS) India’s Unified Payments Interface (UPI) will become operational in Cyprus from next year, marking another major expansion of the country’s digital payments ecosystem in Europe, according to the Ministry of External Affairs (MEA) on Friday.Addressing a media briefing, Sibi George said the rollout of UPI in Cyprus was one of the key outcomes of discussions held during Prime Minister Narendra Modi’s official visit to the Mediterranean nation in June 2025.The launch f…

Guwahati, May 16 (IANS) Assam Chief Minister Himanta Biswa Sarma on Saturday inaugurated India’s first AI-powered “phygital” banking branch of Slice Small Finance Bank in Guwahati, describing the initiative as a reflection of Assam’s growing readiness to support the future of digital banking and technology-driven investment. The next-generation banking branch, located on GS Road in Guwahati, combines physical banking services with digital and AI-enabled solutions to improve accessibility…

New Delhi, May 2 (IANS) India’s first multi-lane free flow (MLFF) barrier-less tolling system recorded around 41,500 vehicles at the Chorayasi Toll Plaza on the Surat–Bharuch stretch of NH-48 in Gujarat on the first day of operations, according to official data released by the Ministry of Road Transport and Highways on Saturday.The system that was rolled out by the National Highways Authority of India (NHAI) has enabled vehicles to pass through toll points without stopping using Automatic Numb…

New Delhi, April 11 (IANS) The Union government on Saturday took a major step to enhance efficiency and transparency by implementing digital-only toll collection at all National Highway fee plazas across the country.According to the Ministry of Road Transport and Highways, with effect from April 10, all user fee payments at highway toll plazas are being processed exclusively through digital modes such as FASTag and Unified Payments Interface (UPI), an official statement said.However, the rollout…

New Delhi, March 11 (IANS) India undertook an “ambitious financial‑technology transformation in modern history,” to become “one of the world’s most advanced digital payment ecosystems” creating a model for developing economies, a report has said.India’s model shows how “government policy, technological innovation and widespread mobile connectivity can combine to create efficient payment infrastructure,” the report from Azerbaijan-based News.az said.India’s digital payment revolution has …

New Delhi, March 6 (IANS) India Stack Global will facilitate adoption of India’s digital public infrastructure (DPI) by partner nations by showcasing India’s DPI solutions, an official factsheet said on Friday.India Stack Global portal provides access to key digital platforms and technical resources and serves as a bridge between India’s experience and the requirements of friendly nations.As of February, the government has signed memoranda of understanding (MoU) and agreements with 24 coun…