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Prime Minister Narendra Modi praised India's transformation across various sectors such as infrastructure, UPI, women empowerment, and sustainable growth in an interview with the US-based magazine Newsweek.
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In a recent video that is making several rounds on social media, the German Federal Minister for Digital and Transport Volker Wissing, was seen using UPI to make a payment in India.
The rise of digital payments and the Unified Payments Interface ( UPI ) in India marks a profound shift in the country's financial landscape, propelling it towards a more connected and inclusive economy.
After two-and-a-half years, the National Payments Corporation of India (NPCI) gave approval to WhatsApp to go live on its Unified Payments Interface (UPI).
Viewing to aid the customers who frequently face transaction failures, the Reserve Bank of India on Saturday brought out a new notification giving a time frame to banks to address the transaction failures. With this the banks will be ordered to pay a fine of Rs 100 per day to customers for not addressing their transaction issue.
