UPI

UPI is a real-time payment system developed by the National Payments Corporation of India that enables instant inter-bank transfers through a mobile device.

Why it’s in the news: It is in the news due to significant fluctuations in its transaction volume and value, reflecting its widespread and growing use in India's digital economy.

Latest on UPI

• Teacher who sexually abused pupil back in Indonesia jail after BBC investigation
• Pine Labs, Paytm, MobiKwik Shares Slide Amid Reports Of UPI MDR Delay
• UPI MDR Rollout May Be Deferred To January 2027 Amid Pushback By Retailers
• MDR a small fee, will not have major impact on UPI volumes: RBI Guv Malhotra
• From UPI to tokenised assets: Is India building the next generation of financial infrastructure?
• Food and medicine shortages deepen in Russian-occupied Oleshky
• India's central bank deadline for UPI interoperability is 18 months away, yet most banks still treat compliance as a checkbox exercise.
• The central government's decision regarding MDR and UPI
• will help support infra for growing digital payments

Connections

61 entities linked to UPI across the news graph.