Starting February 1, 2025, some users of the Unified Payments Interface (UPI) in India may encounter difficulties while ...

The National Payments Corporation of India (NPCI) has issued a directive that will affect Unified Payment Interface (UPI) ...

In an effort to standardise the process of generating Unified Payments Interface (UPI) transaction IDs, the National Payments ...

Unified Payments Interface (UPI) apps will no longer process transactions with special characters in their transaction IDs.

NPCI will disallow special characters in UPI transaction IDs to standardise processes. This comes as UPI transactions hit record levels.

The NPCI this month stated that while most participants in the UPI ecosystem have already complied with the technical standards, a few continue to use non-compliant formats. To address this, the ...

The ministry of statistics and programme implementation is exploring new data sources for estimating the informal sector ...

Digital payment mechanisms offer significant potential to empower rural and semi-urban borrowers. However, their success depends on addressing underlying infrastructural and educational challenges.

Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as on September 2024, ...

According to NPCI's latest circular, UPI IDs containing special characters such as #, @, or $ will be blacklisted. From February 1, UPI IDs will only be allowed to include numbers (0-9) and letters (A ...

India's Digital Public Infrastructure (DPI), led by programs like Aadhaar, UPI (Unified Payments Interface), and ONDC (Open ...