Amazon Pay Brings UPI Biometric Authentication
The new biometric authentication capability eliminates the need for UPI Pin entry for transactions up to Rs 5,000
E-commerce & Marketplaces
E-commerce & Marketplaces
FMCG
Bigbasket Enables Quick Commerce Via ChatGPT UPI
- by BW Retail World Bureau
- October 11, 2025
Tata Digital-owned bigbasket partners OpenAI, NPCI, and Razorpay to pilot conversational grocery shopping with in-chat UPI payments Tata Digital-owned grocery platform Bigbasket has become the first Indian company to enable conversational quick commerce through ChatGPT’s new Unified Payments Interface (UPI) integration, allowing users to search, select and purchase groceries directly within the ChatGPT interface. […]
Economy
Finance
Pilot To Enable AI-powered UPI Payments Via ChatGPT
- by BW Retail World Bureau
- October 9, 2025
India’s UPI network goes AI as ChatGPT trial enables seamless digital transactions with Razorpay and OpenAI
Retail Tech
tech
BharatPe Expands Into Consumer Payments With UPI TPAP, App Rebranding
- by BW Retail World Bureau
- August 29, 2024
BharatPe’s UPI app now available for all Android users, customers can make payments to individuals and merchants as well as do utility bill payments on the app
Feature
Finance
Government
News
RBI’s New Feature Will Enhance Digital Transactions
- by Poonam Singh
- April 10, 2024
The financial industry supported this move and said it is a progressive step to boost the adoption of interoperable cash deposits Launched in 2016, India’s UPI payment has become an essential part of every individual, especially for retail digital payments in India, and its adoption has noticed rapid growth. Keeping its huge progress in mind, […]
Government
National
News
Retail
RBI Proposes Cash Deposits Via UPI, Expands Digital Payments Scope For Retail
- by BW Retail World Bureau
- April 5, 2024
The Reserve Bank of India has proposed cash deposits in banks through the Unified Payment Interface (UPI) mechanism. RBI has also proposed making UPI payments through Prepaid Payment Instruments (PPI) wallets. Announcing the monetary policy outlook, RBI Governor Shaktikanta Das said, “Deposit of cash through Cash Deposit Machines (CDMs) is primarily being done through the […]
Companies
National
News
Indian Startups Solving India’s Problems, No Longer Importing Ideas: Snapdeal’s Kunal Bahl
- by BW Retail World Bureau
- April 1, 2024
Kunal Bahl, Chairman CII National Startups Council and co-founder of Snapdeal and Titan Capital, has said that Indian startups which were earlier “bringing” business models of other countries and replicating those in India, are now increasingly solving the nation’s problems or tapping into India’s opportunities. “Founders were earlier bringing those models to India and investors […]
Finance
National
News
UPI Transactions Hit Rs 18.2 Lakh Cr In February
- by BW Retail World Bureau
- March 21, 2024
Payments through digital means in India are hitting fresh highs, as its citizens are increasingly adopting the emerging modes of transacting on the internet. In February, transactions worth Rs 18.2 lakh crore were made through Unified Payments Interface (UPI) with a staggering 122 crore number of transactions. The transactions made last month through the popular […]
Brands
Companies
Finance
Government
News
Paytm Gets Approval To Function As UPI Third-Party App Provider
- by BW Retail World Bureau
- March 15, 2024
The National Payments Corporation of India (NPCI) has on Thursday approved One97 Communications (OCL), which operates popular fintech company Paytm, to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Four banks (Axis Bank, HDFC Bank, State Bank of India, YES Bank) shall act as PSP (Payment System Provider) banks to […]
Finance
National
News
UPI Accounts For Nearly 80% Of Digital Payments In India: RBI Governor
- by BW Retail World Bureau
- March 5, 2024
The share of UPI in digital payments in India has reached close to 80 per cent in 2023, informed Reserve Bank of India (RBI) Shaktikanta Das on Monday, as he outlined the growth of the payments ecosystem in the country. Addressing the Digital Payments Awareness Week organised by the Reserve Bank of India, the RBI […]