National Payments Corporation of India

UPI rush: Digital payments hit lifetime high of Rs 27.3 lakh crore in October; India logs 20.7 billion transactions in 1 month – The Times of India

November 3, 2025 0

Riding on the festive shopping wave, Unified Payments Interface (UPI) transactions soared to an all-time high of Rs 27.28 lakh crore in October, clocking 20.7 billion transactions, according to data from the National Payments Corporation of India (NPCI), reported PTI.This marks a 9.5% month-on-month rise in transaction value from Rs 24.9 lakh crore in September and a 16% jump year-on-year …

UPI revolution: Surpasses Visa with 650 million daily transactions; ‘leading the digital payment revolution!’ says Amitabh Kant – Times of India

July 13, 2025 0

Unified Payments Interface (UPI) has officially surpassed Visa to become the world’s leading real-time payment system, processing over 650 million transactions daily. Amitabh Kant, the former CEO of Niti Aayog, hailed the milestone on X, posting, “UPI surpasses Visa to become the world’s leading real-time payment system, processing over 650 million transactions daily.”He said that reaching this milestone in just …

NPCI, banks tie up to curb fraud in UPI – The Times of India

April 2, 2025 0

CHENNAI The National Payments Corporation of India (NPCI) is piloting a ‘federated model’ in collaboration with banks to eliminate frauds using UPI transactions. India’s umbrella organisation for operating retail payments and settlement systems is also leveraging AI and machine learning tools to detect suspicious transactions through UPI. NPCI chief risk officer Viswanath Krishnamurthy said that NPCI and banks can share …