Archive · 10 Sep 2026
NPCI Launches Tap & Pay and Unified My UPI Services
NPCI introduced two new tools for people who use digital payments in India.
Tap & Pay lets someone unlock their phone and tap it on a compatible payment machine.
The person does not have to open a UPI app first.
It can also work when the phone does not have a mobile network because the payment machine can provide the internet connection.
Payments up to ₹5,000 can be made without entering a UPI PIN, but larger payments need a PIN.
My UPI is an AI-powered helper that brings payment information and controls into one place.
It can help users check merchants, repeat payments, file complaints, and pause payments if fraud is suspected.
The tools were launched at a major financial technology event with the Reserve Bank of India Governor present.
NPCI launched UPI Tap & Pay and My UPI at Global Fintech Fest 2026.
Tap & Pay lets users pay at compatible terminals without opening a UPI app, including during low or no network connectivity.
The feature supports UPI payments, RuPay credit cards on UPI, and PIN-less transactions up to ₹5,000.
My UPI combines transaction access, payment controls, complaint management, safety tools, and support across UPI apps and banks.
NPCI said UPI processes 24 billion monthly transactions and has completed 49 billion transactions overall.
- Who
- The National Payments Corporation of India launched the features; Reserve Bank of India Governor Sanjay Malhotra inaugurated them, with NPCI chairman Ajay Kumar Choudhary and other industry leaders present.
- What
- NPCI launched UPI Tap & Pay and My UPI, an AI-powered unified UPI services platform.
- When
- The launch took place on September 10, 2026, during Global Fintech Fest 2026.
- Where
- The products were unveiled at the Global Fintech Fest 2026.
- Why
- NPCI said the products are intended to make payments simpler, provide greater choice, and increase user trust and safety.
- Tap & Pay support
- 32 banks, 15 UPI applications, eight acquirers and aggregators, and 18 payment service providers
- My UPI support
- 29 banks, 25 UPI applications, and 14 technology service providers
- Tap & Pay technology
- Uses near-field communication and can use a payment terminal’s internet connection
- PIN-free limit
- UPI Tap & Pay transactions up to ₹5,000 can be made without a UPI PIN
- UPI monthly volume
- NPCI said UPI processes 24 billion transactions per month
- UPI total volume
- NPCI said 49 billion UPI transactions have been completed
- Biometric payments
- NPCI said biometric-authenticated UPI transactions surpassed 6.29 billion by August 31, 2026, while another launch account reported $700 billion transacted via biometrics
