Reserve Bank of India has made mobile wallet interoperability mandatory
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
Tier-II and tier-III cities contributed 50% of total transaction, said the report
Unlike bank accounts, one does not need to have a minimum balance to keep his or her e-wallet account active
Although, mobile wallets do not have account numbers, but the prepaid instruments—mobile wallets—can become part of centralized payments systems:
With the new announcement, you can transfer money from one digital wallet to another
Technology has played an indispensable role in the transformation of the financial sector
Overall UPI transactions in February drop marginally while Google Pay remains at second position. RBI planning a parallel body to NPCI to bolster digi
As PhonePe, Google Pay and Paytm sprint ahead and conquer 94% of the UPI-led retail digital payment market, India’s leading banks struggle to catch