Structured change records explicitly mapped to this payment system.
All changesUPI market rollout updated.
RBI Governor Sanjay Malhotra unveils NPCI's UPI Tap & Pay for NFC-enabled POS terminals at Global Fintech Fest 2026; payments up to Rs 5,000 are PIN-less, larger amounts need a UPI PIN entered on the terminal, and transactions can run on the POS terminal's…
RBI Governor Sanjay Malhotra unveils NPCI's UPI Tap & Pay for NFC-enabled POS terminals at Global Fintech Fest 2026; payments up to Rs 5,000 are PIN-less, larger amounts need a UPI PIN entered on the terminal, and transactions can run on the POS terminal's internet connection. NPCI's MyUPI support platform, built on its FiMI small language model, launched alongside. (2026-09-10). Recorded by ClearingPost on 2026-09-13. New value: RBI Governor Sanjay Malhotra unveils NPCI's UPI Tap & Pay for NFC-enabled POS terminals at Global Fintech Fest 2026; payments up to Rs 5,000 are PIN-less, larger amounts need a UPI PIN entered on the terminal, and transactions can run on the POS terminal's internet connection. NPCI's MyUPI support platform, built on its FiMI small language model, launched alongside. (2026-09-10)
over 24 billion transactions per month as of August 2026. Recorded by ClearingPost on 2026-09-13.
Rajya Sabha passes the Taxation and Other Laws (Amendment) Bill, 2026, completing parliamentary approval of the amendment to Section 10A of the Payment and Settlement Systems Act, 2007 that lets the central government specify by notification which electronic…
Rajya Sabha passes the Taxation and Other Laws (Amendment) Bill, 2026, completing parliamentary approval of the amendment to Section 10A of the Payment and Settlement Systems Act, 2007 that lets the central government specify by notification which electronic payment modes remain protected from charges, enabling a future UPI merchant discount rate. Lok Sabha passed the bill on August 6, 2026. (2026-08-10). Recorded by ClearingPost on 2026-09-02. New value: Rajya Sabha passes the Taxation and Other Laws (Amendment) Bill, 2026, completing parliamentary approval of the amendment to Section 10A of the Payment and Settlement Systems Act, 2007 that lets the central government specify by notification which electronic payment modes remain protected from charges, enabling a future UPI merchant discount rate. Lok Sabha passed the bill on August 6, 2026. (2026-08-10)
Rajya Sabha passes Taxation and Other Laws (Amendment) Bill 2026, completing parliamentary approval of UPI MDR enabling legislation (2026-08-10). Recorded by ClearingPost on 2026-08-31.
FM Sitharaman clarifies MDR on UPI applies to merchants only, not customers; Taxation and Other Laws (Amendment) Bill 2026 provides legal framework for future MDR policy modifications by central government notification (2026-08-06).
FM Sitharaman clarifies MDR on UPI applies to merchants only, not customers; Taxation and Other Laws (Amendment) Bill 2026 provides legal framework for future MDR policy modifications by central government notification (2026-08-06). Recorded by ClearingPost on 2026-08-27. New value: FM Sitharaman clarifies MDR on UPI applies to merchants only, not customers; Taxation and Other Laws (Amendment) Bill 2026 provides legal framework for future MDR policy modifications by central government notification (2026-08-06)
UPI processed 241.62 billion transactions (24,162 crore) worth Rs 314 lakh crore in FY26. July 2026 set the all-time monthly record at 23.66 billion transactions worth Rs 29.88 lakh crore.
UPI processed 241.62 billion transactions (24,162 crore) worth Rs 314 lakh crore in FY26. July 2026 set the all-time monthly record at 23.66 billion transactions worth Rs 29.88 lakh crore. 554.9 million users onboarded as of June 2026, with 741 participating banks.. Recorded by ClearingPost on 2026-08-27. New value: UPI processed 241.62 billion transactions (24,162 crore) worth Rs 314 lakh crore in FY26. July 2026 set the all-time monthly record at 23.66 billion transactions worth Rs 29.88 lakh crore. 554.9 million users onboarded as of June 2026, with 741 participating banks.
UPI completes 10 years since public launch on August 25, 2016. IMF recognizes as world's largest real-time payment system with 49% of global instant payment volume in 2025. Platform has 731 banks, 554.9 million users, and merchant acceptance in 11 countries.
UPI completes 10 years since public launch on August 25, 2016. IMF recognizes as world's largest real-time payment system with 49% of global instant payment volume in 2025. Platform has 731 banks, 554.9 million users, and merchant acceptance in 11 countries. (2026-08-25). Recorded by ClearingPost on 2026-08-25. New value: UPI completes 10 years since public launch on August 25, 2016. IMF recognizes as world's largest real-time payment system with 49% of global instant payment volume in 2025. Platform has 731 banks, 554.9 million users, and merchant acceptance in 11 countries. (2026-08-25)
23.66B (July 2026). Recorded by ClearingPost on 2026-08-19.
NPCI CEO Dilip Asbe announces strategy to expand UPI to 15-20 international markets over the next decade, targeting India's 35-million diaspora ($155B annual remittances). Malaysia and Bahrain in active discussions.
NPCI CEO Dilip Asbe announces strategy to expand UPI to 15-20 international markets over the next decade, targeting India's 35-million diaspora ($155B annual remittances). Malaysia and Bahrain in active discussions. NPCI also exploring agentic AI payment integrations with OpenAI ChatGPT and Alphabet Gemini. (2026-08-10). Recorded by ClearingPost on 2026-08-18. New value: NPCI CEO Dilip Asbe announces strategy to expand UPI to 15-20 international markets over the next decade, targeting India's 35-million diaspora ($155B annual remittances). Malaysia and Bahrain in active discussions. NPCI also exploring agentic AI payment integrations with OpenAI ChatGPT and Alphabet Gemini. (2026-08-10)
NPCI deadline for all banks and UPI apps to implement mobile number masking (only last four digits visible to counterparties) and default username-based VPAs for new users. Circular aligned with Digital Personal Data Protection Act. (2026-09-04).
NPCI deadline for all banks and UPI apps to implement mobile number masking (only last four digits visible to counterparties) and default username-based VPAs for new users. Circular aligned with Digital Personal Data Protection Act. (2026-09-04). Recorded by ClearingPost on 2026-08-15. New value: NPCI deadline for all banks and UPI apps to implement mobile number masking (only last four digits visible to counterparties) and default username-based VPAs for new users. Circular aligned with Digital Personal Data Protection Act. (2026-09-04)
UPI processed 241.62 billion transactions (24,162 crore) worth Rs 314 lakh crore in FY26. July 2026 set the all-time monthly record at 23.66 billion transactions worth Rs 29.88 lakh crore.
UPI processed 241.62 billion transactions (24,162 crore) worth Rs 314 lakh crore in FY26. July 2026 set the all-time monthly record at 23.66 billion transactions worth Rs 29.88 lakh crore. 554.9 million users onboarded as of June 2026, with 731 participating banks.. Recorded by ClearingPost on 2026-08-14. New value: UPI processed 241.62 billion transactions (24,162 crore) worth Rs 314 lakh crore in FY26. July 2026 set the all-time monthly record at 23.66 billion transactions worth Rs 29.88 lakh crore. 554.9 million users onboarded as of June 2026, with 731 participating banks.
Finance Ministry and PCI clarify post-amendment MDR framework. MDR if introduced will be threshold-based, not blanket. UPI and Services Steering Committee (NPCI-led) to determine implementation.
Finance Ministry and PCI clarify post-amendment MDR framework. MDR if introduced will be threshold-based, not blanket. UPI and Services Steering Committee (NPCI-led) to determine implementation. PCI cites Rs 10,000 crore annual UPI infrastructure cost vs Rs 1,500 crore government subsidy. P2P and consumer transactions confirmed free. (2026-08-08). Recorded by ClearingPost on 2026-08-13. New value: Finance Ministry and PCI clarify post-amendment MDR framework. MDR if introduced will be threshold-based, not blanket. UPI and Services Steering Committee (NPCI-led) to determine implementation. PCI cites Rs 10,000 crore annual UPI infrastructure cost vs Rs 1,500 crore government subsidy. P2P and consumer transactions confirmed free. (2026-08-08)
Parliament clears Taxation and Other Laws (Amendment) Bill, 2026. Rajya Sabha returns Money Bill on Aug 10 after Lok Sabha passage on Aug 6.
Parliament clears Taxation and Other Laws (Amendment) Bill, 2026. Rajya Sabha returns Money Bill on Aug 10 after Lok Sabha passage on Aug 6. Amends Section 10A of Payment and Settlement Systems Act 2007, replacing blanket MDR prohibition with government notification mechanism. FM Sitharaman assures consumers and small merchants exempt. (2026-08-10). Recorded by ClearingPost on 2026-08-12. New value: Parliament clears Taxation and Other Laws (Amendment) Bill, 2026. Rajya Sabha returns Money Bill on Aug 10 after Lok Sabha passage on Aug 6. Amends Section 10A of Payment and Settlement Systems Act 2007, replacing blanket MDR prohibition with government notification mechanism. FM Sitharaman assures consumers and small merchants exempt. (2026-08-10)
Government clarifies UPI fee framework: consumers and most merchants exempt from any future MDR, NPCI steering committee to decide (2026-08-09). Recorded by ClearingPost on 2026-08-12.
Lok Sabha passes Taxation and Other Laws (Amendment) Bill enabling government to selectively lift zero-MDR on electronic payments including UPI (2026-08-06). Recorded by ClearingPost on 2026-08-07.
UPI participant count changed from 703 banks (FY 2025-26) to 731 banks (June 2026). Recorded by ClearingPost on 2026-07-28.
703 banks (FY 2025-26) →changed to 731 banks (June 2026)
Added UPI One World wallet details (40+ countries, CheqUPI app, tourist feature planned for 2026-27 winter), revised P2M limits (₹5L/TX, ₹10L/day for key sectors), Apr 1 2026 inactive number unlinking mandate, NPCI International targeting 4-6 more countries…
Added UPI One World wallet details (40+ countries, CheqUPI app, tourist feature planned for 2026-27 winter), revised P2M limits (₹5L/TX, ₹10L/day for key sectors), Apr 1 2026 inactive number unlinking mandate, NPCI International targeting 4-6 more countries by end 2026, Nexus go-live narrowed to 2027