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UNCOVERED: 4 | History Defined

UPI transactions soar to record of Rs 29.9 lakh crores in May

Unified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of transactions saw significant growth. This indicates strong organic demand and a maturing digital payment ecosystem. Future growth is expected from credit-on-UPI and cross-border transactions.

The Economic Times

Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risks

Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While cheaper than cards in select countries like UAE and Singapore, UPI acceptance is uneven, and backup payment options are essential. Users must be aware of transaction limits, potential failures, and fraud…

The Economic Times

How your old forgotten UPI IDs may become a security risk and how to protect yourself

Deleting UPI apps doesn't deactivate associated IDs, leaving financial and privacy risks. Old, forgotten UPI IDs linked to recycled mobile numbers can be exploited by fraudsters. Users must proactively unlink accounts, cancel mandates, and deactivate IDs to ensure digital financial hygiene.

The Economic Times

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Credit card transactions jump 2.6 times in four years: RBI report

Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Debit card usage, however, decreased as consumers embraced digital payment methods like UPI and digital wallets. This shift highlights the rapid digitisation of India's payment ecosystem.

The Economic Times

One soundbox soon for all payment apps as NPCI readies platform

NPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multiple devices. This move could significantly reduce costs for small businesses and streamline payment confirmations across all apps, fostering greater efficiency in the digital payments ecosystem.

The Economic Times

Nearly half of India’s online orders are still COD. Why cash on delivery isn’t fading in the UPI era

Cash on delivery continues to drive India's online shopping. Many first-time buyers, especially in smaller towns, prefer to pay after receiving goods. This method builds trust where digital payment familiarity is growing. Businesses are using data to manage COD risks. As digital literacy and logistics improve, prepaid orders will increase,…

The Economic Times

Digital sovereignty: Powering the vision of Viksit Bharat

India's digital advancements like UPI and Aadhaar are building economic and strategic sovereignty. The nation must now focus on digital and computational sovereignty, alongside selective capability building, to achieve its Viksit Bharat vision. Addressing fragmentation and fostering strategic collaborations are key to securing global leadership in the digital era.

The Economic Times

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Trump cut funding for gun violence prevention. California’s Latino communities are facing the fallout

Non-profits are scaling back programs, raising fears of worsening violence in historically underserved communities

The Guardian - US

Who Is Anthony Kazmierczak? Unmasking the Man Behind the Ilhan Omar Town Hall Attack

A Minneapolis town hall turned chaotic on Tuesday as a man armed with a syringe targeted Rep. Ilhan Omar with an unknown liquid.

International Business Times UK

The Guardian view on Europe’s payments problem: sovereignty starts at the till

Editorial: Donald Trump’s leverage over Visa and Mastercard highlights a blind spot in Europe’s ‘independence’ strategy. Emulating India’s response might help

The Guardian - UK

Why Is Apple Pay Stuck in India While the World Taps and Pays?

Apple Pay promises simple tap and pay convenience, but in India this experience is still not available. Despite millions of iPhone users and India’s global leadership in digital payments, Apple Pay has not yet entered daily use. Many users feel confused when they see Apple Pay logos online but cannot…

MyLifeXP

Inside The Starmer-Modi Mumbai Fintech Summit And Why Some Are Saying It Is Set To 'Transform' Tech

Starmer and Modi eye quantum pacts and AI finance. With UPI's 20B txns and £6B investments, why this summit could revolutionise UK-India tech ties

International Business Times UK

If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank

Deutsche Bank's explosive scenario in a note titled, “What if ?”

Fortune

Why Beginners from India Choose 1Win for Online Betting

If you are new to betting, it is important not to make a mistake with your choice of platform. 1Win is tailored for beginners, with a simple interface, rupee account and fast transfers via UPI.

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Newslaundry

Hafta 535: World Press Freedom Day, aftermath of Pahalgam attack

In a special episode for Press Freedom Day, Newslaundry’s Abhinandan Sekhri, Raman Kirpal, Manisha Pande and Jayashree Arunachalam are joined by historian and author Ramachandra Guha. The panel begins with a discussion on the history of press freedom in India. Ram reflects on the similarities and differences between 1975’s Emergency…

Dynamite News

UPI System Crashes Again! Payments Fail on Paytm, Google Pay; Users Fume

Big news for those who transfer money online. UPI system failed on Saturday. Read more at Dynamite News

Reason

How Pokémon Helps Explain DOGE

Musk's fans and critics will keep debating whether DOGE is revolutionizing government or wrecking important institutions.

Dynamite News

'India's success with UPI offers replicable model for other nations'

India's success with UPI offers a replicable model for other nations, a paper written. Read further on Dynamite News:

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Reason

Three Mile Island Nearly Killed Nuclear. Now It's Coming Back.

Microsoft has agreed to purchase Three Mile Island's energy to power its AI data centers for the next 20 years. It's the first time a U.S. nuclear reactor will come out of retirement.

Reason

The Real Economic Catastrophe Will Be Caused by the U.S. Debt

Should we blame Biden and the politicians applauding him for their unwillingness to address our looming fiscal disaster?

The Guardian - AU

Ukraine war briefing: Biden pledges $225m in new military aid while vowing US backs Kyiv ‘completely’

President also apologises to Zelenskiy for aid delays; Ukrainian attacks on occupied areas kill 26, Russian-installed authorities claim. What we know on day 836

Digital Camera World

Remembering Pulitzer prize-winning photographer Ron Edmonds for his quick reactions the day Ronald Reagan got shot

Ron Edmond's has died aged 77. He was the Associated Press White House photographer for 28 years

The Hindu

Despite earlier resolution, BMTC UPI payment errors resurface causing inconvenience to commuters

BMTC buses face UPI payment glitches causing inconvenience for passengers and issue resolved after double payment error detected

The Hindu

Illegal distribution of money ‘rampant’ ahead of elections

Political parties are giving away ₹2,000 to ₹3,000 per vote, say sources; ESMS data suggest seizure of ₹2.57 crore cash, liquor worth ₹1.77 crore, ₹88.62 lakh worth gold and other metals ahead of elections in Nellore district

The Hindu

Commuters face inconvenience as UPI payments fail on BMTC airport buses

BMTC airport bus passengers face inconvenience as UPI payment services fail, leaving commuters stranded and frustrated.

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