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August 14, 2025, 02:55 PM - 1 min read
The feature, also known as “pull transaction”, allowed users to request money from others via UPI but was increasingly exploited by cybercriminals to send fake payment requests under false pretenses to trick unsuspecting users whose funds would be instantly transferred as soon as they accepted the request
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May 31, 2025, 09:16 PM - 2 min read
With UPI making a record hit of 16.73 bn transactions in 2024, govt says on track to becoming a cashless society
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March 15, 2024, 11:33 AM - 2 min read
Analysts from prominent brokerage firms like UBS and Jefferies weighed in on the implications of the third-party app provider license for Paytm. UBS suggested that Paytm would now operate similarly to its competitors like Google Pay and PhonePe, while Jefferies highlighted the potential necessity for Paytm to tap into its cash reserves to retain customers and merchants, which are pegged at 85 billion rupees ($1.02 billion).
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March 8, 2024, 03:57 PM - 2 min read
Starting from Friday, March 8, 2024, Indians can make QR-code-based UPI transactions in Nepal. In this initial phase of collaboration, Indian consumers can utilize UPI-enabled apps to seamlessly make instant, secure, and convenient payments across various business establishments in Nepal.
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