Economy, Banking and Finance · 28 June 2026

National Payments Corporation of India (NPCI) approves jUMPP for UPI services

Exam-focused facts from the 28 June 2026 current affairs briefing.

Key facts

  • The National Payments Corporation of India (NPCI) has approved jUMPP as a Third Party Application Provider to launch Unified Payments Interface (UPI) services.
  • jUMPP is an AI-powered conversational fintech platform focused on simplifying investing and wealth creation.
  • The integration of UPI enables users to perform peer-to-peer transfers, merchant payments, bill payments, and recharges.
  • The platform provides access to wealth-building options including Digital Gold, Mutual Funds, and Systematic Investment Plans (SIPs).
  • Sarvjeet Singh Virk is the Founder and Chief Executive Officer (CEO) of jUMPP.