Transactions through the popular Unified Payments Interface (UPI) touched a record Rs 28.33 lakh crore and 21.70 billion in value and volume terms, respectively, in January, according to data released by the National Payments Corporation of India (NPCI). NPCI said the value of transactions was at Rs 27.97 lakh crore in December. On a month-on-month basis, the growth was 21 per cent in value terms. #UPI #INDIA #transactions | The Hindu

As transactions facilitated by the Unified Payments Interface (UPI) breach record highs, banks have opted for daily limits. These are over and above the already imposed ceilings mandated by the facilitator, the National Payments Corporation of India, in 2021. The idea is to sustain the smoother functioning of the payments interface as it continues to acquire popularity. At present, users can make up to 20 transactions or ₹1 lakh in a single day. Click the link in bio to read more. #UPI #SBI #ici

The Unified Payments Interface (UPI), used for immediate money transfers through mobile devices, has become the fastest-growing payment mode in the country. Dubbed 'India's first UPI ATM', the new feature eliminates the need to carry physical ATM cards and is hailed by internet users as a ''game changer.'' Union Minister Piyush Goyal posted a video on X, that showed Ravisutanjani, a FinTech influencer, demonstrating how to withdraw cash from an ATM using UPI. In the video, Mr Ravisutanjani, who

India’s Unified Payments Interface (UPI) has smashed records with 20 billion transactions in a single month—a 34% jump from last year. But UPI’s story doesn’t stop at home. From the Eiffel Tower in Paris to the streets of Singapore, UPI is now accepted in multiple countries including France, UAE, Singapore, Bhutan, Sri Lanka, and Mauritius. Prime Minister Narendra Modi calls it a symbol of India’s digital leadership, while global experts see it as a model reshaping financial infrastructure. With

Always remember these UPI security tips while using or making UPI transactions. Stay Alert & #SafeWithSBI. #SBI #AmritMahotsav #CyberSafety #CyberSecurity #StayVigilant #StaySafe | State Bank of India