UPI transactions in January surpassed 16.99 billion, and the value exceeded Rs 23.48 lakh crore, marking the highest number recorded in any month, the Ministry of Finance said on Thursday.

EPF Withdrawal: The government is considering introducing the Employees Provident Fund (EPF) claims settlement option via the United Payment Interface (UPI) to ease the fund withdrawal process.

Starting April 1, 2025, users will be able to withdraw funds from their UPI LITE accounts without having to completely disable them. This new 'transfer out' functionality, mandated by NPCI, enhances ...

EPF Withdrawal Via UPI: The Employees’ Provident Fund Organisation (EPFO) is working to simplify EPF withdrawals for its subscribers. The organization is reportedly planning to introduce a facility ...

If you use a credit card and are obsessed with online payments at the same time, you may want to explore UPI credit cards. While UPI allows you to make payments directly via bank account ...

New Delhi: Amid a surge in digital payments where nearly four out of five payments in the country were conducted on the Unified Payments Interface (UPI) in FY24, UPI has emerged as the dominant ...

This move signifies a trend towards monetising UPI transactions to recover payment processing costs. UPI-linked bank account payments remain fee-free. Introduction of platform fees for bill ...

EPF to integrate UPI for faster claim processing It is in discussion with NPCI to introduce the feature soon About 7.4 million subscribers will benefit from the said move Employees’ Provident Fund ...

Unified Payments Interface (UPI) Autopay, the recurring payments feature facilitating seamless digital transactions, has witnessed a surge in adoption over the past year, significantly outpacing ...

Feb. 20 (UPI) --The number of people filing for unemployment benefits for the first time reached a seasonally adjusted 219,000 last week, some 5,000 more than the previous week's revised total of ...

UPI Autopay, the recurring digital payments platform for subscriptions, has seen its volume grow by three times in one year as more customers move away from cards towards Unified Payments Interface.

Bima-ASBA enables policyholders to authorise insurers to block a specific amount in their bank accounts via UPI before an insurance proposal is accepted. The amount is debited only after policy ...