The Ministry of Tourism and Mastercard have entered a two-year MoU to promote India globally through curated “Priceless” experiences, secure digital payments, and high-impact travel campaigns—beginning with Goa.
Tag: digital payments
UPI Market Share in July 2025: PhonePe Leads the Digital Payments Race
In July 2025, PhonePe extended its dominance in the UPI ecosystem with a commanding 46.7% market share, followed by Google Pay at 36.2%. Paytm held 7.1%, while other players accounted for the remaining 10%.
UPI Alert: P2P ‘Collect Request’ Feature to Be Discontinued from October 1, 2025
The National Payments Corporation of India (NPCI) has announced the removal of the UPI peer-to-peer (P2P) 'Collect Request' feature starting October 1, 2025, in a bid to curb financial frauds and enhance user security. Here’s what it means for UPI app users.
SBI to Temporarily Suspend UPI Services on August 6 Due to Maintenance
State Bank of India (SBI) has announced that its UPI services will be temporarily unavailable on August 6, 2025, due to scheduled maintenance. Customers are advised to plan their transactions in advance to avoid disruptions.
ICICI Bank to Begin Charging UPI Fees for Payment Aggregators from August 1, 2025
ICICI Bank has announced it will begin charging fees to payment aggregators for UPI transactions starting August 1, 2025. This move could significantly impact digital payment platforms, merchants, and the broader fintech ecosystem.
