PhonePe introduces biometric authentication for UPI transactions up to ₹5,000, allowing users to pay securely using fingerprint or face recognition without entering a UPI PIN.
Tag: PhonePe
10 Years of PhonePe: A Decade of Building for Bharat
PhonePe marked ten years in India’s fintech ecosystem, celebrating a decade of innovation that has transformed digital payments, expanded financial inclusion, and empowered millions across Bharat.
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.
UPI Transactions to Become Faster from June 16, 2025
Starting June 16, UPI transactions in India will be noticeably faster as NPCI rolls out new response time limits. With key changes like reduced transaction delays and increased balance check attempts, digital payments are set to become smoother and more efficient for millions of users.
