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.