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April 13, 2026

Top Post

India’s Central Bank Mulls Delay for Some Digital Payments to Curb Fraud

MSN

"India's central bank is suggesting the introduction of a delay for certain digital payments above a threshold as part of measures to curb rising fraud, and sought stakeholder feedback on the proposals in a discussion paper. The Reserve Bank of India outlined four possible safeguards, including a lag for certain authorised push-payment transactions above 10,000 rupees ($107.92), additional authentication for high-value transfers by vulnerable users, limits on credits into some bank accounts without enhanced checks, and customer-controlled safeguards such as disabling digital payment channels."

April 7, 2026

On the web

Multicurrency Crypto Wallet: The Future of Flexible and Secure Payments

News18

"The #1 global gaming platform, proudly announces the launch of Multiwallet – an innovative feature that brings all currencies together in one account with separate wallets for INR, USDT, and USDC. This innovative solution lets users easily manage their funds, combining crypto and fiat payments while keeping every transaction safe, transparent, and fully under their control."

April 6, 2026

On the web

Why UPI Payments Will Feel Different From April 2026 [India]

ET Edge

"From April 1, 2026, the Reserve Bank of India (RBI) is set to implement a major overhaul of India’s digital payment security framework. These new rules which were formally issued under the “Authentication Mechanisms for Digital Payment Transactions Directions, 2025”,will significantly change how Indians use UPI, debit/credit cards, mobile wallets, and online banking. The most important feature of the new framework is mandatory two-factor authentication (2FA) for all digital payments."

March 31, 2026

On the web

Soon You Can Switch Banks Without Closing Your Account Under RBI’s New Plan [India]

Business Today

"The Reserve Bank of India (RBI) is moving to introduce account portability under its Payments Vision 2028, according to a report by Times of India. RBI’s work around this stickiness is a Payments Switching Service where all standing instructions are centralised. This interface will allow customers to view and migrate all payment mandates, both incoming and outgoing reducing dependence on individual banks making accounts portable. The central bank’s plan is to fix this through a system that allows users to shift these instructions easily, reducing their dependence on a single bank."

March 30, 2026

On the web

E-Cheques Coming Soon? RBI Unveils Payments Vision 2028, Plans Wider Oversight of Digital Players

MSN

"The Reserve Bank of India (RBI) on Friday unveiled its ‘Payments Vision 2028’ document, outlining a roadmap that includes exploring electronic cheques, expanding regulatory oversight to digital platforms, and strengthening safeguards in the fast-growing payments ecosystem, PTI reported. The central bank aims to enhance access to payment data and reimagine the card payments ecosystem by promoting secure tokenisation, improved transparency in pricing, and greater choice for users and merchants."

March 26, 2026

On the web

Instant Payments Fuel Demand for Real-Time Fraud Orchestration

IBS Intelligence

"Since its launch in 2016, UPI has become the backbone of India’s retail payments ecosystem, driving transaction volumes to unprecedented levels. At the same time, regulatory expectations are evolving. The Reserve Bank of India has increasingly emphasised the need for risk-based, proactive monitoring frameworks, encouraging institutions to embed fraud prevention within broader enterprise risk governance structures. Advanced technologies are playing a central role in enabling this transition."

March 20, 2026

On the web

PhonePe Launches ‘On-The-Go’ Card for Seamless, Offline Payments for Transit

PhonePe

"PhonePe announced the launch of the PhonePe ‘RuPay On-The-Go’ Card, a National Common Mobility Card (NCMC). The PhonePe ‘On-The-Go’ Card is designed to simplify the user’s daily commute by functioning as an all-in-one transit card. It allows for quick, tap-and-pay transactions on all NCMC-enabled services, including metros, buses, trains, tolls, and parking across India in a fully interoperable manner. The card utilizes a prepaid, stored-value model where balance is stored directly on the card’s chip."

March 17, 2026

On the web

UPI Payments Can Be Made Simply by Shaking Your Phone, Hassle-Free

MSN

"Now, you can make UPI payments simply by shaking your phone. To do this, open your payment app and shake it. Shaking the phone will open the QR code scanner, allowing you to make payments in no time. With so many payment apps available these days, finding a QR code scanner can sometimes be difficult. This can be time-consuming and can delay your payment. To avoid this hassle, PhonePe offers the 'Shake and Pay' option."

March 2, 2026

On the web

India Expands UPI Footprint to Israel

GlobeData

"India has further widened the international reach of its Unified Payments Interface (UPI) by formally extending the system to Israel. In a joint statement, India and Israel said: “Both sides agreed to explore linking UPI with Israel’s fast payment system to enhance interoperability and strengthen economic ties.”"

February 20, 2026

On the web

Razorpay and NPCI Bring Agentic Payments to Claude at India AI Impact Summit

Entrackr

"Razorpay and the National Payments Corporation of India or NPCI have collaborated to enable shopping with AI by bringing Agentic Payments to Claude. Unveiled at the India AI Impact Summit, the platform is currently in the pilot phase with a small group of users. The offering allows users to order food, groceries, and everyday essentials from Zomato, Swiggy, and Zepto without leaving the conversation."

February 17, 2026

On the web

NPCI Announces FiMI, a Domain-Specific AI Language Model Built for India’s Payments Ecosystem

NPCI

"National Payments Corporation of India (NPCI) released FiMI (Finance Model for India), a domain-specific language model built for India’s payments ecosystem. Developed in-house by NPCI, FiMI has been built to natively understand the complexity of Indian payment systems, including UPI, covering transaction dispute handling, mandate lifecycle management, and regulatory and ecosystem queries."

February 6, 2026

On the web

UPI New Rules From February: Key Changes for Google Pay, PhonePe & Paytm Users

ABP Live

"New rules for the UPI are set to take effect from February 2026, bringing significant changes to transaction speed, verification standards and user protections. Regulators have focused on improving real-time processing, tightening security controls and enhancing transparency for users who rely on UPI for everyday digital payments. The updated framework aims to make digital transactions faster and safer while giving users greater control over their payment activity across popular UPI apps."

PhonePe Takes Its Diversification to Dalal Street

The Economic Times

"For most users, PhonePe remains a payments app. As the Walmart-backed fintech prepares for a public listing, its UDRHP filed last month outlines a company that is expanding beyond payments, using UPI primarily as a distribution layer rather than a revenue engine. More notably, growth is increasingly being driven by businesses that sit on top of payments: merchant services, lending, insurance distribution, and newer platform bets, rather than UPI itself."

India Weighing up to 25,000 Rupee Compensation for Digital‑Payment Frauds, RBI Governor Says

Yahoo Finance

"The Reserve Bank of India will propose a framework to compensate customers up ​to 25,000 rupees ($276) for losses incurred in small-value fraudulent ‌transactions, Reserve Bank of India Governor Sanjay Malhotra said on Friday. This was among a ‌series of steps announced by the RBI to enhance customer protection and increase digital payments safety.  The draft guidelines will be issued shortly, the governor said in his monetary policy address."

January 28, 2026

Top Post

UPI To Debut In Japan As India’s Digital Payments Network Expands Global Footprint [Video]

YouTube

"India’s Unified Payments Interface, or UPI, is set to debut in Japan, marking a significant step in the global expansion of India’s flagship digital payments platform. Japanese IT services firm NTT Data has partnered with the National Payments Corporation of India to enable UPI acceptance in Japan on a trial basis during fiscal 2026, initially targeting Indian tourists visiting the country."

January 21, 2026

On the web

Apple Pay Inches Closer to India, but Full Launch Still Some Distance Away

The Times of India

"Apple is in discussions with Indian regulators and banking partners to explore the introduction of Apple Pay in the country, with timelines likely extending into 2026. While speculation about an imminent launch has grown in recent weeks, people familiar with the matter caution that Apple Pay is not yet available for everyday domestic transactions in India. At present, Apple Pay’s presence in India is limited to cross border payments."

January 20, 2026

On the wires

Walmart-Backed PhonePe Gets SEBI Approval for India IPO

Reuters

"Walmart-backed Indian payments firm PhonePe has received regulatory approval for its stock market listing from the market regulator after confidentially filing for an initial public offering in September, a source familiar with the matter told Reuters on Tuesday."

January 19, 2026

On the web

Cash Payments To Be Banned At Toll Plazas From April 1? [India]

NDTV

"India's highway travel is on the cusp of a digital transformation. The Union Ministry of Road Transport and Highways is set to implement a ban on cash payments at national highway toll plazas from April 1. Commuters will be required to use either FASTag or UPI to pay tolls, aiming to reduce congestion and streamline travel."

January 2, 2026

On the web

RBI Sees Stablecoins As Threat, Pushes CBDC Vision (India)

Cointribune

"While stablecoins reach $307 billion in 2025, India adopts a radically opposite stance. The Indian central bank (RBI) rejects stablecoins and defends its own digital currency, the CBDC. According to the RBI, only CBDCs guarantee financial stability, confidence in currency, and monetary sovereignty. The institution warns of systemic risks that stablecoins could cause, especially during periods of economic stress."

December 17, 2025

On the web

Google Pay Enters RuPay-UPI Credit Card Space With Axis Bank Partnership

Storyboard18

"Popular UPI payments app Google Pay has launched a co-branded credit card in partnership with Axis Bank on the RuPay network, enabling users to link the card directly to their UPI accounts for merchant payments. A key differentiator of the card is its instant rewards mechanism, which allows users to earn cashbacks or rewards in real time and redeem them on their very next transaction."

December 9, 2025

On the web

UPI Accounts for Nearly Half of Global Instant Payments

IBS Intelligence

"The International Monetary Fund’s recognition of India’s Unified Payments Interface (UPI) as the largest retail fast-payment system globally has reinforced the country’s position as a leader in real-time digital transactions. UPI now accounts for nearly half of instant payments worldwide, underscoring the scale, interoperability, and accessibility that the platform has achieved over the past seven years."

December 3, 2025

On the web

PhonePe Integrates ChatGPT Into UPI App

Startupro News

"PhonePe announced a pioneering collaboration with OpenAI to embed ChatGPT-powered AI features directly into its UPI app ecosystem, marking a major step in integrating generative AI into India’s digital payment landscape. This partnership will enable users to access AI-driven assistance across PhonePe’s consumer and business offerings, allowing for interactions related to payments, product research, travel planning, and merchant discovery all within the app."

November 26, 2025

On the web

BHIM Launches UPI Circle Full Delegation, Allowing Senior Citizens, Young Adults to Make Payments Independently Within Set Limits

The Economic Times

"The NPCI BHIM Services Limited on Tuesday announced the introduction of UPI Circle Full Delegation on the BHIM Payments App, allowing primary users to authorise their trusted contacts to make UPI payments on their behalf of up to Rs 15,000. The move is expected to be a game-changer for senior citizens who have their own bank accounts but often hesitate from making digital payments and young adults who can manage their daily or educational expenses with safe, parent-controlled access."

November 13, 2025

On the web

ChatGPT Joins PhonePe: AI To Transform UPI Payments Across India

Patna Press

"In a major leap for India’s fintech sector, PhonePe has announced a strategic partnership with OpenAI, aiming to integrate ChatGPT-powered AI features into its digital payments app. The move marks the beginning of a new era where artificial intelligence meets everyday transactions, making UPI interactions smarter, faster, and more conversational. Through this collaboration, users will be able to access AI-driven suggestions and assistance directly within the app."

November 10, 2025

On the web

Paytm Unveils All-New App With AI Features to Enhance Payment Experience

Business Standard

"Paytm, India's full-stack merchant payments leader, has launched a redesigned version of its flagship app, integrating artificial intelligence-driven features to personalise everyday transactions for its users. The update introduces a cleaner user interface alongside over 15 new features. One of the standout innovations is the launch of "Gold Coins," a first-of-its-kind initiative that rewards users with digital gold on every payment, adding a valuable savings dimension to regular transactions."

November 7, 2025

On the web

RuPay Emerges as India’s Preferred Credit Card Network - All Thanks to UPI Integration

MSN

"Analysts said, RuPay has recently gained momentum in the credit-card ecosystem due to the availability of credit cards on the Unified Payments Interface (UPI) platform. They said that currently, RuPay's share in the credit-card market is around 16 per cent as against about 3 percent two years ago, they added. In late 2022, the Reserve Bank of India (RBI) had given the approval to link RuPay credit-cards only to UPI."

November 5, 2025

On the web

OpenAI's ChatGPT Go Now Free in India: Users Fume as UPI Payments Fail During Free Plan Rollout

The Economic Times

"OpenAI is offering ChatGPT Go free for 12 months to users in India starting November 4, 2025. The company announced that anyone who signs up during this limited-time promotional period will receive free access to the otherwise paid plan. But OpenAI's AI chatbot ChatGPT is once again facing glitches with UPI payments, second in recent months. Many users of AI chatbot complained they have experienced payment issues with the UPI option."

November 3, 2025

On the web

PhonePe Rolls Out ‘PhonePe Protect’ to Safeguard Users From Fraudulent Transactions

ITVoice

"PhonePe has rolled-out ‘PhonePe Protect’– a security framework designed to safeguard users from fraudulent transactions. The feature also offers insights into the risks involved when transactions are declined for security reasons.  ‘PhonePe Protect’ incorporates a mechanism to identify and block transactions directed toward mobile numbers that are flagged as suspicious by The Department of Telecommunications (DoT) through their ‘Financial Fraud Risk Indicator (FRI)’ feature."

October 14, 2025

On the web

OpenAI Partners With India’s Payment Authority to Bring UPI to ChatGPT

The American Bazaar

"India’s payment authority National Payments Corporation of India (NPCI) and fintech firm Razorpay have collaborated with OpenAI to launch AI-driven payments on ChatGPT. This initiative, which is in its pilot state, will enable people to make payments on ChatGPT via India’s homegrown payments network Unified Payments Interface (UPI)."

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