India’s fintech sector is rapidly evolving like never before. At the 2025 Global Fintech Fest, the Reserve Bank of India (RBI) and NPCI unveiled major updates to UPI, paving the way for biometric payments, face authentication, and IoT-based transactions.Meanwhile, fintech giants like Amazon and Pine Labs are rewriting the rules of lending and digital finance. […]
Tag: Digital Payments
UPI Down in India: Nationwide Outage Disrupts Digital Payments.
India’s widely used Unified Payments Interface (UPI) faced a major outage today, leaving millions of users unable to make digital transactions. The disruption affected significant payment platforms, including PhonePe, Google Pay, Paytm, and BHIM, causing frustration among businesses and consumers who rely on UPI for daily transactions. What Happened? Reports of UPI service failures started […]