unified payments interface

The Unified Payments Interface (UPI) transactions increased by 3.6% month-on-month, rising to 14.96 billion in August from 14.44 billion in July.The number of transactions rose by 41% year-over-year.According to data from the National Payments Corporation of...

The National Payments Corporation of India (NPCI) has announced that it will be implementing an interchange fee of up to 1.1% on merchant transactions made through the Unified Payments Interface (UPI) from April 1, 2023. The NPCI...