UPI transactions have been continuously growing over the last two years, barring February, April and May 2021
Walmart-owned fintech company has cornered 46% of India’s UPI market as the volume of transactions and total value post a new record in June
After a dismal performance in April and May, UPI transactions have reported a record leap in both volume and value
While the report submission is delayed, there are fresh cases of illegal activities in India's digital lending sector
Once the pilot project is complete India’s largest insurer is likely to enter the card business.
NACH, a bulk payment system operated by the National Payments Corporation of India (NPCI) facilitates one-to-many credit transfers such as payment of
According to NPCI data, the growth in UPI transactions has taken a short break in April owning to the pandemic and the general sluggishness at the sta
As volume and value grow 3-fold during 2020-21, making UPI India’s digital payment backbone, the question comes back to haunt: can it continue with
The RBI Deputy Governor noted that in contrast to the open banking initiatives witnessed in some countries, India has embraced an approach where both
Another obstacle in the path of digital transactions is the fact that only 12-15% of the population are digitally literate