National Payments Corporation of India: Latest News, News Articles, Photos, Videos - NewsBytes
The Reserve Bank of India (RBI) has given the National Payments Corporation of India(NPCI) the power to revise transaction limits for Unified Payments Interface (UPI) payments from people to merchants.
The National Payments Corporation of India (NPCI), the regulatory body responsible for overseeing India's Unified Payments Interface (UPI) system, is reportedly considering a revision of its proposed market share cap for UPI operators.
The Unified Payments Interface (UPI) has set a new record with 14.96 billion transactions in August 2024, marking a significant year-on-year (YoY) growth of 41%, according to data from the National Payments Corporation of India (NPCI).
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