The PRESS Pad

Study on RuPay and BHIM-UPI scheme shows 49% global dominance, 94% merchant adoption and rapid expansion to 8 countries After a decade of the launch of the Unified Payments Interface (UPI), the Department for Financial Services (DFS), Ministry of Finance, has released a comprehensive report titled: “Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (Person-to-Merchant) Transactions.” The report was released during

Prime Minister Narendra Modi’s five-nation tour concluded in Namibia with landmark agreements in health, technology, and entrepreneurship. Notably, Namibia became the first country to adopt India’s UPI-like payment system under a technology agreement with NPCI. The visit also marked Namibia's entry into global India-led initiatives like the CDRI and Global Biofuel Alliance, showcasing India’s leadership in digital public infrastructure and sustainable development.