Jaipur, April 13 (IANS) Ahead of the Char Dham Yatra season, the Cyber Crime Branch of Rajasthan Police has issued a comprehensive advisory urging devotees to remain vigilant against rising cases of online fraud, officials said on Monday. Acting under the directives of Additional Director General of Police (Cyber Crime) V.K. Singh, the advisory aims to protect pilgrims from cybercriminals, who are targeting travellers through fake offers of helicopter bookings, hotel reservations, and VIP darsha…
Latest UPI News & Updates
New Delhi, April 10 (IANS) India’s digital payment system Unified Payments Interface (UPI) is set to mark its 10th anniversary on April 11, after growing 12,000-fold in volume and over 4,000 times in terms of value.The payment system scaled from 17.86 million transactions worth Rs 6,952 crore in FY17 to 218.98 billion transactions amounting to nearly Rs 285 lakh crore in FY26, data from analytics firm Tracxn showed.Transactions rose gradually in the initial years — to 915 million in FY18 and…
New Delhi, April 10 (IANS) Kenya has adopted India’s digital public infrastructure (DPI), including UPI‑style instant payments and DigiLocker‑style digital document storage, to supercharge its governance structure, a new report has said.Kenya’s administrative system, riddled with bureaucratic delays and fragmented IDs, is pioneering a game-changer with the Indian digital systems. To move will speed up public services and boost digital commerce of the booming African economy, says the repor…
New Delhi, April 10 (IANS) The Cyber Police Station of Delhi’s South-West district has busted a major nexus involved in fake loan app fraud under Operation Cyhawk 4.0, arresting two more accused and uncovering links to virtual numbers originating from Pakistan and Bangladesh, officials said on Friday.According to police, the latest arrests take the total number of accused held in the case to six. The two newly arrested individuals have been identified as Karan Kumar (24) and Shami Ahmad (27), …
Mumbai, April 9 (IANS) 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 authorised push payments above Rs 10,000 in order to check mounting frauds which crossed the Rs 22,930 crore mark in 2025.The other three options include additional authentication by a trusted person for high-value digital transactions by senior citizens, only accounts with satisfa…
New Delhi, April 7 (IANS) Over 70 per cent of consumers said they would continue using quick commerce platforms even if discounts were reduced, signalling a shift toward speed and convenience over price in everyday purchases, a report said on Tuesday.Neighbourhood kirana stores remain central for routine grocery purchases and trust‑based transactions in India, even as 51 per cent of consumers reported a decline in reliance on kiranas over the past year, the report from Grant Thornton Bharat LL…
New Delhi, April 6 (IANS) Digital payments platform PhonePe on Monday announced a limited-period offer on its newly launched co-branded credit card with State Bank of India.The PhonePe SBI Card is being offered with zero joining fee for the first year, allowing customers to access its benefits without any upfront cost.“Users can enjoy the premium benefits of the card at no cost for the first year,” the fintech platform said.The card, available on both RuPay and Visa platforms, is tailored fo…
New Delhi, April 6 (IANS) Unified Payments Interface (UPI) processed 228.5 billion transactions in 2025, marking a 33 per cent year‑on‑year increase, while total transaction value touched Rs. 299.74 trillion, a report said on Monday.The report from Worldline said that UPI’s growth was broad‑based, with both person-to-person (P2P) and person-to-merchant (P2M) transactions rising, with the latter recording a 34 per cent growth to 143.82 billion transactions.The overall average ticket size …
New Delhi, April 4 (IANS) The share of MSMEs in India’s GDP will rise to 40 per cent by 2030, from about 30 per cent currently, a report said on Saturday.The report from B2K Analytics said India’s GDP is projected to reach Rs 537.96 trillion by 2030 if current growth trend continues, lifting the MSME sector’s contribution to roughly 40 per cent, or about Rs 215.18 trillion.The MSME sector’s total funding requirement is estimated at Rs 162.92 trillion by 2030, the report added.Out of the to…
New Delhi, March 31 (IANS) Road users across India will no longer be able to pay toll fees in cash from April 1 as the National Highways Authority of India (NHAI) shifts to a fully digital payment system.In a major step towards modernising highway travel, NHAI will implement a complete ban on cash payments at toll plazas across the country.From April 1, commuters will have to pay toll charges only through digital modes such as FASTag or UPI.The move is aimed at improving efficiency and bringing …