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Recent Current Affairs related to NPCI

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22 May 2026 BANKING

Viyona Fintech India Pvt Ltd has received certification from the National Payments Corporation of India (NPCI). The certification covers integrations for UPI Acquirer, UPI Issuer, Immediate Payment Service (IMPS), and Interoperable Mobile Banking (IBMB). This development aims to provide secure and seamless digital payment solutions for banks, fintech companies, and merchants.

7 May 2026 BANKING

NPCI Bharat BillPay Ltd (NBBL), a subsidiary of the National Payments Corporation of India (NPCI), has partnered with the fintech firm Juspay Technologies Pvt Ltd to launch a unified switch and software development kit (SDK) for the ‘Banking Connect’ platform.

The initiative is designed to improve the net banking experience in India by providing seamless technological integration for financial institutions.

20 April 2026 REPORTS

According to the “India Digital Payments Report- Year 2025 in Review” released by Worldline SA, the UPI processed 228.5 billion transactions in 2025. This is a 33% Year-on-Year (Y-o-Y) increase from 172.2 billion transactions in 2024. The total value of transactions reached ₹299.74 trillion.

Person-to-Merchant (P2M) transactions grew by 34% to 143.82 billion. The merchant acceptance infrastructure expanded as the number of Quick Response (QR) codes increased by 15% Y-o-Y to reach 731.38 million. The report also states that the total number of payment cards in circulation exceeded 1.62 billion by the end of 2025.

20 April 2026 BANKING

Paytm has introduced biometric authentication for UPI and cardless Automated Teller Machine (ATM) withdrawals to enhance security. These features align with the RBI guidelines for two factor authentication (2FA).

Biometric payments are capped at ₹5,000 per transaction as per the National Payments Corporation of India (NPCI) guidelines. The cardless withdrawal feature allows users to withdraw cash from ATMs without a physical card, with a maximum limit of ₹10,000 per transaction.

16 April 2026 BANKING

NPCI Bharat BillPay Ltd (NBBL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has onboarded Axis Bank onto the “Banking Connect” platform.

With this, the platform is now available across 8 major banks, including State Bank of India, HDFC Bank, and ICICI Bank. The platform also integrates 11 Payment Aggregators (PAs) to facilitate streamlined digital payment services.

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