UPI transactions grew from ₹1 lakh crore in FY18 to ₹139 lakh crore in FY23 in value
Unified Payments Interface (UPI) transactions have grown from 92 crore in FY 2017-18 to 8,375 crore in FY 2022-23 at ...
Tag: UPI
RBI’s Monetary Policy Committee announces measures related to lending, fintechs, UPI transactions and more
The Reserve Bank of India's (RBI) Monetary Policy Committee chaired by Governor Shaktikanta Das on friday, december 8, 2023, announced ...
UPI transactions crosses 11 billion mark for 2nd straight month in November
The Unified Payments Interface (UPI) has been reshaping the contours of financial transactions in India. Born out of the visionary ...
Government eyes 4 hr window for online payments over Rs. 2000 to combat frauds
The Unified Payments Interface (UPI) has transformed financial transactions by bringing convenience and speed to it. But as with any ...
Credit card spends surge to record Rs. 1.8 trillion in October
Credit cards have become an integral part of modern financial transactions, offering convenience, flexibility, and a range of benefits to ...
FinTech sector can emerge as a substitute for traditional banking, says CAFRAL Report
Rewriting the traditional narrative of banking and finance in India, FinTech is using smart technology to make things like paying, ...
NPCI to deactivate UPI IDs & UPI Number of inactive users, issues guidelines
Introduced by the National Payments Corporation of India (NPCI), the Unified Payments Interface (UPI) can be seen as a game-changer, ...
How UPI can secure 90% of retail transactions in 5 years
The Unified Payments Interface (UPI) has changed the way people transact or make mobile payments in India. Emerging as a ...
UPI transactions touches a new high with 11.41 billion transactions in October
The Unified Payments Interface (UPI) is one of the most widely accepted and used modes of payments. Indicating how UPI ...
India ranks 3rd with most fintech firms in world. Paytm, PhonePe, MobiKwik among top 200 unicorns in 2023
Financial Technology (fintech) unicorns in India are on a rise so much so that the nation has been ranked third ...
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