Hosted on MSN

The role of UPI in promoting savings account usage

Unified Payments Interface (UPI) has revolutionised the way India manages money every day. Launched in 2016 by the National Payments Corporation of India (NPCI), it has turned digital payments into a ...
Hosted on MSN

Soon you can withdraw your balance from UPI Lite account; NPCI asks PSPs to add this feature

Currently, users cannot withdraw their balances held in their UPI Lite account; however, it is going to change soon. In a circular dated February 21, 2025, the NPCI (National Payments Corporation of ...