UPI
UPI's New Fee Pool: Who Gets Paid, Explained
The government doesn't collect UPI's new 0.4% fee, banks and payment apps do. Here's the actual money math, cross-checked against NPCI's own transaction data rather than taken on brokerage word.
UPI
UPI
Why Is the Government Really Ending Free UPI?
The government says UPI's new fee is about sustainability. Congress says US pressure. A BJP-aligned group says the same. Trade experts blame Walmart and Google. Five competing theories, each attributed to who's actually making the claim.
UPI
UPI's Zero-Fee Era Ends: The New 0.4% Charge, Explained
From 15 October, UPI payments to merchants above ₹2,000 carry a 0.4% fee, capped at ₹300. Consumers are excluded, but traders, a Supreme Court petitioner, and even a group aligned with the ruling party disagree with the move, each for different reasons.
UPI
UPI Transaction Volume Dips 1.8% MoM to 24.07 Billion in September 2026
UPI processed 24.07 billion transactions worth Rs 29.37 lakh crore in September 2026, per NPCI data, a 1.8% MoM dip in volume but still up 23% year-on-year.
💡 Insights
UPI Daily Transactions Cross 800 Million for the First Time: 24.07 Billion Transactions in September 2026
UPI processed 24.07 billion transactions worth Rs 29.37 lakh crore in September 2026, with average daily transactions crossing 800 million for the first time, NPCI data shows.
💡 Insights
UPI Hits Highest-Ever Monthly Volume: 24.51 Billion Transactions in August 2026
UPI processed 24.51 billion transactions worth Rs 29.82 lakh crore in August 2026, its highest-ever monthly volume, NPCI data shows.
Fintech
Apple Wants Its Standard Fee. In India, the Standard Doesn't Exist.
Apple Pay is reportedly heading to India this October — without UPI, and asking for a fee it already charges American banks. The fight isn't about a greedy tech company. It's about landing in the one country where the free rail moved first.
💡 Insights
UPI Hits Highest-Ever Monthly Volume: 23.66 Billion Transactions in July 2026
India's Unified Payments Interface (UPI) has recorded its strongest month on record. According to data released by the National Payments Corporation of India (NPCI), the platform processed 23.66 billion transactions worth Rs 29.88 lakh crore in July 2026, its highest-ever monthly volume. The milestone comes
NPCI Set to Launch NFC UPI Lite Offline Tap-and-Pay Transactions Up to INR 2,000
NPCI is also preparing to deploy NFC-enabled UPI Lite offline tap-and-pay transactions of up to INR 2,000 that would enable customers to make payments without internet connectivity on either the customer’s device or the merchant’s POS terminal.
Covid-19
UPI transactions Fall by 20% due to Lockdown, Lowest in 12 Months
Due to the lockdown imposed to contain the spread of COVID-19 [https://startuptalky.com/tag/covid-19/], UPI has recorded transactions of less than one billion for the month of April after 12 months of constant growth. This is the first time in the past seven months that UPI
📚 Learning
Everything You Need To Know About NPCI
The National Payments Corporation of India (NPCI) is an umbrella organization for operating retail payments and settlements systems in India. It is an initiative by the Reserve Bank of India (RBI) and the Indian Bank Association (IBA) under the provisions of the Payment and Settlement Act, 2007, for creating a