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2 mins read
Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey
Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …
PTI
2 mins read
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
2 mins read
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
4 mins read
India to see retail digital payments to double to USD 7 tn by 2030: Report
Millennials and Gen X are leading in the adoption of all types of digital payment instruments.
PTI
2 mins read
Size does matter: Debit cards for large payments & UPI for smaller ones
Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…
3 mins read
Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap
For the first time since 2002 – that’s 20 years – currency in circulation has declined during…
2 mins read
UPI transactions reach 657 crore in August worth ₹10.72 lakh crore
The Unified Payments Interface (UPI) registered a record 6.57 billion (657 crore) transactions wort…
1 min read
Reserve Bank asks NPCI to help continue operations of Paytm app
Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …
PTI
2 mins read
India’s central bank to establish cloud facility for financial institutions
India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …
2 mins read
India’s debit card transactions fall but credit card spends rise further
A look at India’s spending pattern in the first half of 2023 (January to June), reveals an interest…
2 mins read
The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation
India has cemented its position as a pioneer in developing and integrating digital infrastructure. …
2 mins read
Fintech pioneer Paytm is expanding its in-store payments leadership with its All-in-One Card Machine
For any business to grow successfully, digitisation is the key. As mobile payments are becoming mai…
3 mins read
With transactions worth ₹126 lakh crore, UPI rules digital payments in 2022: Worldline report
Indians are increasingly choosing to pay digitally with transactions via debit, credit, prepaid car…
3 mins read
Here’s how Paytm built a scalable, revenue-generating UPI model with focus on merchant payments
Paytm’s focus on subscription services to create additional payment monetization continues to ex…