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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   


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Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

ANI   


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Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

ANI   


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Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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UPI transaction limit for education and healthcare hiked to ₹5 lakh per day

Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…

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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   


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Over 200 million UPI transactions were done each day in July 2022

There has been a constant month-on-month increase in UPI transactions over the years and the…

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UPI parent body makes payments easier – Now voice commands will also enable transactions and more

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), unveiled a range of new product o…

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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…

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1 min read

India tops world ranking in digital payments, records 89.5 million transactions in 2022: MyGovIndia

As per the data, India in the year 2022 accounting for 46 per cent of the global real-time payments…

ANI   


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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…

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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…

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Paytm UPI Lite is leading small-value payments in India with single-click transactions that never fail

Recognising the transformative impact of UPI Lite in everyday lives and its widespread popul…

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Paytm Payments Bank goes live with UPI LITE to boost small-value UPI transactions

It will enable faster real-time transactions with a single click through Paytm. With UPI LITE, t…

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4 mins read

Explained: How UPI LITE makes small payments faster & easier

Have you been frustrated when making UPI payments because your bank’s servers were down? With Paytm…

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Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur

Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …

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Paytm founder announces operating profitability, says free cash flow generation is next

Paytm, leading payments and financial services company, on Friday said it has achieved operating pr…

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Digital transactions to soon exceed cash in India: PM Modi

The Prime Minister of India, Narendra Modi, expressed hope that digital transactions will soon surp…

PTI