The Ministry of Finance has categorically denied recent rumors suggesting that it is planning to impose Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions exceeding Rs 2,000 ...

The government has termed reports that it is considering levying GST on UPI transactions over INR 2,000 as completely false and misleading Last month, fintech stakeholders sought a 0.3% MDR on UPI and ...

Summer travel and IPL fever pushed transaction through the popular Unified Payments Interface (UPI) to a record highs of ...

India’s fintech revolution is no longer being driven solely by metropolitan cities like Mumbai, Bengaluru, and Delhi. Instead ...

Looking at the bigger picture, India processed over 200 billion UPI transactions in 2025-26. UPI handled 24.16 billion ...

Unified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of transactions saw significant growth. This indicates strong organic ...

Learn about UPI, India's secure mobile payment system, offering real-time transactions and eliminating the need for cash or ...

Did our AI summary help? Unified Payments Interface (UPI), which completed 10 years of operations, has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a ...

The report has pointed out that the average UPI transaction size has come down from Rs 1,478 in the first half of 2024 to Rs 1,348 in the same period this year.