News PhonePe launches UPI Lite feature, joining BHIM and Paytm PhonePe announced that it now supports the UPI Lite feature, which allows users to make payments under Rs 200 from an on-device wallet Sarvesh MathiMay 3, 2023
News UPI interoperability guidelines: What are payment apps and online merchants required to do The latest guidelines require UPI apps and merchants to brand their products and services in a way that highlights that UPI QR codes work... Sarvesh MathiApril 11, 2023
News Explained: What’s the 1.1% interchange fee on UPI transactions and who pays it National Payments Corporation of India, in a circular, announced that a fee of up to 1.1% will be applicable for UPI merchant transactions initiated using... Sarvesh MathiApril 3, 2023
News Explained: What is UPI Lite and what benefits does it bring to users Paytm's support for UPI Lite has received a mixed response of praise and jokes about being the same as prepaid wallets. But what is... Sarvesh MathiMarch 1, 2023
News Explained: How the UPI–PayNow linkage between India and Singapore works India's Unified Payments Interface (UPI) and Singapore's PayNow have been linked for cross-border money transfers, RBI announced on February 21. Sarvesh MathiFebruary 22, 2023
News Here are the airports and banks that will provide UPI wallets to foreign travellers The Reserve Bank of India has provided more details on which airport and banks will initially support UPI wallets for foreign travellers. Sarvesh MathiFebruary 22, 2023
News Explained: How will UPI work for foreign travellers Foreign travellers will soon be able to load UPI-linked prepaid wallets with Indian Rupees and use the same to make payments at stores Sarvesh MathiFebruary 14, 2023
News Foreign travellers can soon use UPI to make payments in India To start with, this facility will be extended to travellers from the G20 countries, arriving at select international airports. Sarvesh MathiFebruary 9, 2023
News You can now use PhonePe UPI to pay in UAE, Singapore, Nepal and Bhutan PhonePe's new international payments feature allows Indian users traveling abroad to pay foreign merchants using UPI in the local currency. Sarvesh MathiFebruary 8, 2023
News Which countries will soon accept UPI payments and RuPay cards? Here’s the complete list Owing to the significant base of tourists from India, several countries are looking to enable UPI payments and RuPay cards Sarvesh MathiOctober 14, 2022