These figures, shared by the National Payments Corporation of India (NPCI), show how the use of this platform has increased ...

The GST Council may grant relief to small vendors from UPI-related penalties, but what if merchants themselves discourage ...

on Wednesday clarified that “someone” would have to pay in the longer run for a sustainable funding model for the NPCI-led ...

MUMBAI: Reserve Bank governor Sanjay Malhotra has said that even as the all-popular unified payments interface (UPI) remains ...

RBI Governor Sanjay Malhotra hinted UPI may not stay free, stressing a sustainable funding model. UPI handles 640M+ daily ...

The UPI system is currently free for users --- with the cost for maintaining the payment infrastructure behind the service ...

BENGALURU: There have been several incidents of inmates being caught using mobile phones in Bengaluru Central Prison. Now, ...

The RBI has clarified that while UPI is not technically free, users won’t be charged for now. As banks begin levying fees on ...

RBI Governor Sanjay Malhotra suggests UPI may not remain free, discussing MDR and who bears transaction costs. Details on ...

Governor Sanjay Malhotra on Wednesday said that the Unified Payments Interface (UPI) may not remain free forever, as the cost ...

India’s digital payment revolution reached a new peak on August 2, 2025, as the Unified Payments Interface (UPI) clocked over ...

While UPI remains free for most users right now, that could change in the future. If banks or platforms start charging businesses or apps, it could eventually lead to some costs being passed to the ...