Revolutionizing Digital Payments INDIA 1ST EVER UPI WHITE LABEL UPI+ATM with NPCI Hitachi Payment Services PVT.LTD integrate payment solution provide 100% subsidiary of Hitachi ltd.

UPI [Unified Payments Interface], ATM [ Automated Teller Machine], NPCI [National Payments Corporation of India]. Offering secure card less cash withdrawals.

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THIS 2023 Data collated Global Finder Index, World Bank and  RBI transaction amount UPI India. What is Stand India World willed. Recent Year every neighbhourhood krina store, moles and shop QR scanner.

Digital India is a forerunner Programme by the Government Of India to transform India. Into a digitally empowered society and knowledge economy. In last decade Government came up with various E-Governance in initiatives which were citizen centric. However they have not been able to make the desired impact and fulfill desired objectives.

In order to transform India into a digitally empowered society and Knowledge economy, current government has come up with new idea of digital payment. The campaign aims to develop a digitally empowered society and digitally integrate the government departments and the citizen of India. It aims at ensuring the government services are made available to people of India electronically, Like UPI. UPI [United Payment Interface] Digitalizing India Growth & Development in the country. There is a need to basic facilities and necessities today to remain competitive in the global development and growth getting basic payment services provided.


Since UPI [United Payment interface ] Introduction 11 april 2016.

Launched by: Dr. Raghuram G Rajan (Ex-RBI Governor)

In this mode grown day by day Demonetisation in November 2016. After that covid 19 lockdown in 2020,high growth.

Set Guideline UPI under RBI and NPCI.


Limited UPI Transaction limited SBI, ICICI, HDFC 1 LAKH. OTHER UBI BANK ETC 25000 PER DAY.

BHUTAN 1st Country Adopt India UPI 13 july 2021.

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ATMs ser up, owned and operated by non-banks are called white label ATM. Non-bank ATM operators are authorized under the payment & settlement ACT -2007 by RBI [reserve bank of india]


1st the company  Prizm Payment Services 2008 , Hitachi acquired company 2014 and renamed Hitachi Payment Services 2015.Hitachi Payment Services MD & CEO –Sumil vikamsey,  HQ- Mumbai, Maharashtra. Hitachi money UPI ATM seamless digital Experience for customers, by supporting technology. More than 3000 ATM Location, offering empowers any bank customer to experience the convenience of QR based UPI cash withdrawals.

RBI The Reserve Bank of India (RBI) circular titled ‘Operation of Pre-Sanctioned Credit Lines at Banks through UPI

The circular applies to Scheduled Commercial Banks, excluding Payment Banks, Small Finance Banks, and Regional Rural Banks This directive is issued under Section 10(2) read with Section 18 of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007)

Banks can establish terms and conditions for the use of these credit lines, including credit limits, credit periods, interest rates, in accordance with their board-approved policies. Before the expansion, UPI allowed linking of savings accounts, overdraft accounts, prepaid wallets, and credit cards.

What is Operation of Pre-Sanctioned Credit Line

A credit line in UPI refers to a pre-approved amount of credit that a bank offers to its customers. This credit line allows customers to make transactions or payments even if they don’t have sufficient funds in their bank account at that moment. It’s essentially a short-term loan or credit limit that the bank provides to the customer with applicable fees or interest.

State Bank of India (SBI) Unified Payments Interface [UPI] Digital Rupee(eRupee)

India’s largest public sector bank, State Bank of India (SBI) has introduced Unified Payments Interface (UPI) interoperability for its Digital Rupee(eRupee), also called as Central Bank Digital Currency (CBDC), enhancing accessibility and convenience for customers. Through the UPI Quick Response (QR) codes, facilitating swift and secure transactions.

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Major Push factors for wide pread adoption of digital paymet from june 21 to march 23, average month rate 6%  jump to 27 % 2023.

UPI Increased faster than NEFT ,IMPS and debit card payment.

NEFT  Transation 54% , IMPS 9% and debit card 25% used only now days.

 According to World bank global Findex Survey 53% india population Had bank account 2014.

80% population had opening account 2017 to 2021. But 34 % bank account inactive now day just because  not knowledge how to used account  transition  UPI.

 India and other county also transaction not to knowledge and internet connection rural area.

India population 41% male and 28 % women know to transaction. Other county like china 87% male

85 % women, brazil 80% male 73 % women , Bangladesh 58% male and 34% women know online  digital transaction.


Digital infrastructure is important role of trading recognized India global level. Covid 19 peroid necessitated the utilization digital available for services delivery and remote work India market. India over with 1.3 billion+ population and moreover with increasing use of smartphone with internet growing demand digital services like e-commerce, online education, tele-medicine and digital payment much more.

UPI based transaction frew in value 121% to volume 115% terms between 2019-2022. Way to international adoption. Digital empowerment india stands at 117.8 cr.[sep.22] with 44.3% subscribers in rural India. Telephone density in india stood at 84.8% in march 2022. 200 % increase in rural internet subscriptions between 2015 to 2021.


MyScheme, TrEDS , GEN, E-NAM, UMANG, SWAYAM has transformed market place across sectors.

Privacy and creating an ecosystem for standard open and interoperable protocols underling robust data governace. Digital Locker Paperless governance by proving digital space for 3.2 cr users more than 369 cr documents.servicesto 1.64 cr farmers the E-NAM has integrated 585 agricultural mandis and transaction of orders 70000 cr. Economic servey 22-23.


On 26 September 2018, the Union cabinet approved the national digital communication policy.to Promote India successful involvement in new global economy help to achieve digital empowerment and enhance India people.

National communication policy aims to accomplish the following strategic objectives by 2022.

Broadband for all citizen with target of 50 MBPS download and upload speeds for every citizen. Target of 70% of towers 2022.

Development of 5G target launching by 5G services 2020. Cyber security big role digital communications sector to establish national cyber security coordination center country.

NPCI Launched new payment options with UPI

The National payment corporation of India [NPCI] 6 September 23 launched new payment option on popular payment platforms UPI including conversational transactions. The products were launched during the Global Fin-tech festival held in Mumbai.one of the products is Hello UPI that will enable users to make voice- enabled UPI Payment app this app Hindi and English.

That latest offering are aimed at creating inclusive resilient and sustainable digital payment ecosystem and will help UPI achieve the target of 100 billion transactions per month.

The NPCI has partnered with AI-4-Bharat at IIT madras to co-develop Hindi and English payment language models.

PNB Launched UPI 123pay

PNB has announced the launch of UPI 123Pay IVR-based UPI solution on 6 July 23. This offering in line with the Digital Payment Vision 2025 aiming to propel India towards a cashless and card-less society. UPI 123PAY will be multilingual customers in their preferred language wide range of users.

Apart of PNB, INFC First Bank, City union Bank, and NSDL payments bank also implemented.

RBI to introduce OR code

The RBI is set to implement interoperability between its Central bank digital currency [ CBDC ] and the UPI in 12 July 23 this move will allow customers to use UPI QR  codes for transactions using digital currency. RBI aims to achieve 1 million CBDC transactions per day by the end of the year.


 UPI one of the India most trust full digital payment get way, India will boost the market UPI  transactions recent day.

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Hi, my name is rupali ramgoniwar , by professional i am teacher offline. i work with online educational, part of content writing current affairs, event and news last 3 year. now i just start blog for all knowledge every individual growth.

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