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Ayodhya sees a massive surge in digital payments as city gears up for Shri...
From boatmen to flower/ prasad sellers, digital payments witnessed a meteoric rise in Ayodhya
As the ancient holy city of Ayodhya prepares to welcome thousands...
UPI-based payments cross 10 bn monthly transactions in August for 1st time
All-time high! Number of UPI transactions hit new record Of 10 billion in August
The Unified Payments Interface (UPI)-based payments crossed 10 billion monthly transactions...
Pioneered by India, QR payments to grow 590% in Southeast Asia by 2028
India leads in QR payments, expected to rise by 590% in Southeast Asia by 2028
Pioneered by India, QR Code payments to grow more than...
India saw 88 billion payment transactions worth Rs.150 trillion in 2022, UPI leads
People prefer UPI Person-to-Merchant & Person-to-Person with market shares of 40% and 44% respectively
Led by Unified payments interface (UPI), payment modes like debit and...
SEBI revises UPI payment limit for individual investors in IPOs
SEBI raises investment limit via UPI to Rs.5 lakh for individual investors
The Securities and Exchange Board of India (SEBI) has revised upwards the size...
Tata Group to compete with Google Pay, PhonePe, and Paytm with its own UPI...
Tatas to join the UPI payment club with its own app
The company with its presence from Salt-to-Steel is set to keep its foot in...
Secure, Open Digital Payment Systems To Tackle Cash Shortage
We had, through a previous article, suggested actively promoting e-Wallets as tools to tackle cash shortage post-demonetisation. Subsequently, the Government has announced that open...
Going Cashless with Microfinance?
Microfinance, as it stands today, is roughly a Rs.50,000 crore($6815 million) industry. As soon as the demonetization of high denomination currency announcement was made...
RBI inks pact with Nepal Rastra Bank for UPI link
Integration of the fast payment systems aims to facilitate cross-border remittances between India and Nepal
The Reserve Bank of India (RBI) and Nepal Rastra Bank...
UPI transactions surpass 100 bn mark in 2023: NPCI
UPI transactions skyrocket; surpasses 100 billion mark in 2023 with 60% growth
Transactions via the unified payments interface (UPI) platform surpassed the 100 billion mark...