This comes at a time when Unified Payments Interface (UPI) has significantly expanded its share in the digital payments ecosystem, growing from 34% in 2019 to 83% in 2024.

The Unified Payments Interface (UPI) recorded 16.99 billion transactions worth Rs 23.48 lakh crore in January, reflecting a ...

SEBI introduced usage of Unified Payments Interface (UPI) as a mode of payment in the securities market for the first time in 2019. The successful experience and efficiency brought by UPI resulted in ...

Transactions through Unified Payments Interface (UPI) increased 1.5% in January to 16.99 Bn from 16.73 Bn a month back ...

The National Payments Corporation of India (NPCI) has rolled out a new policy enforcing stricter standards for UPI transaction IDs.

Markets regulator Sebi on Friday proposed a new mechanism to ensure secure and efficient payments in the securities market.

In its latest January 9, 2025 notification, NPCI reaffirmed its stance, stating that from February 1, 2025, any non-compliant ...

Market regulator Securities and Exchange Board of India (Sebi) is considering creating a unique Unified Payments Interface ...

Sebi proposes a new mechanism for secure UPI payments in the securities market, creating unique UPI addresses for registered intermediaries to combat fraud and enhance investor confidence.

Sebi proposes a new mechanism using UPI to ensure secure payments in the securities market. The initiative suggests unique ...

UPI transactions using IDs with special characters will be declined. Update your app to comply with the new NPCI rule.