© 2026 nimisham.in
India's Unified Payments Interface (UPI) processed a record 24.51 billion transactions worth Rs 29.82 lakh crore in August, as smaller-ticket payments continued to drive growth.Data released by the National Payments Corporation of India (NPCI) showed transacti
Payments firm Razorpay has launched an artificial intelligence (AI) model trained on four billion transactions to improve online payment success and detect fraud, bringing routing, risk checks, and checkout personalisation into one system.Developed along with
India s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal banking, electronic transfers and the digital infra behind UPI. Each technological leap solved the same fundamental challeng
Last week, the Taxation and Other Laws (Amendment) Bill, 2026, was passed in the Lok Sabha, which proposes changes to the Payment and Settlement Systems Act, 2007, that create pathways for fees to be charged on UPI and RuPay debit card payments. Introduced in