The Reserve Bank of India (RBI) has unveiled a powerful new suite of digital payment innovations — blending AI, IoT, and credit-linked tools to drive the next phase of India’s fintech revolution. Launched at the Global Fintech Festival (GFF) 2025), the four initiatives include AI-based UPI HELP, IoT Payments with UPI, Banking Connect, and UPI Reserve Pay — each designed to make transactions smarter, faster, and more seamless. Advertisement

Developed in partnership with the National Payments Corporation of India (NPCI), these initiatives aim to reshape how Indians pay, resolving issues through AI, enabling payments via connected devices, simplifying net banking, and integrating credit lines into UPI. RBI Governor Sanjay Malhotra said the innovations mark “a new era of intelligence, intero

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