Effective August 1, ICICI Bank has introduced a processing fee model for payment aggregators (PAs) handling merchant UPI ...

ICICI Bank introduces charges on UPI transactions for payment aggregators, affecting fintech operations and sparking industry ...

ICICI Bank will start charging payment platforms like Google Pay and PhonePe for UPI transactions. Here’s how it may impact ...

The Unified Payments Interface (UPI) reached a transaction peak in July, hitting 19.47 billion transactions worth Rs 25.08 ...

UPI continued its strong growth in July 2025 with 19.47 billion transactions worth US$ 286.66 billion, marking a 35% rise in volume and 22% in value YoY.

Unified Payments Interface was launched by Reserve Bank Governor Raghuram Rajan on Monday, April 11, 2016 along with Nandan Nilekani, advisor to NPCI.

Interoperability is a major driver of UPI’s growth as it not only enables users to conduct transactions from different banks ...

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As India Post phases out the traditional Registered Post service, it is doubling down on modernizing its infrastructure. The ...

RBI governor Raghuram Rajan and Infosys co-founder Nandan Nilekani, adviser to the National Payments Corporation of India, have today launched the much-awaited Unified Payments Interface (UPI ...