The exchange will allow customers to purchase cryptocurrencies using the Unified Payments Interface, a payments mode that makes up 60 percent of retail payment volumes in the country.

Cardless cash withdrawal using UPI has been extended and will be made available at all bank branch and ATMs, to prevent fraudulent transactions.

NPCI has lined up two key tasks in its payment system offerings—UPI 123Pay on feature phones and enabling the offline mode of functioning for smartphones

The attention garnered by Coinbase’s announcement allowing UPI on its platform, followed by UPI operator NPCI distancing itself from the remarks, has led banks to rethink their association with crypto exchanges, say industry sources

While addressing the nation on the 87th episode of his Mann Ki Baat radio program, PM Modi said that small online payments are helping build a big digital economy and many new fintech start-ups are coming up.

Due to the temporary outage, transactions were not being processed through major UPI apps like PhonePe, Google Pay and Paytm.

Since its inception in 2016, UPI has witnessed massive acceptance, which has been spurred by the outbreak of COVID-19 pandemic

The allegations by the Coinbase CEO and reports contradicting his claim made news last week. What really happened?

In today's Tech3 newsletter, Unacademy’s Relevel comes under fire; WhatsApp Pay head Manesh Mahatme quits