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Digtal transactions give ATMs a run for their money
In FY 2017 there were 1.8 crore UPI transactions and now in FY 23 the number of transactions increased to 8375 crore
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RBI pays Rs 87,000 cr dividend to govt
RBI pays Rs 87,000 cr dividend to government; SC panel on Adani submits report; No WhatsApp call with SIM cards
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Paytm launches credit card with SBI, NPCI
The card will have several features including spend-based cashback points and milestone benefits. It will also drive convenience by enabling customers
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Debit cards most favoured payment instrument
UPI mode of payment preferred by 25% families
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Use UPI Autopay to pay your monthly bills without hassles; here are 9 benefits
Using the Autopay option of UPI, users can enable recurring payments for entertainment or OTT subscriptions
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Five years after demonetisation, banknotes in circulation continue to rise
Banknotes in circulation in value terms soared to Rs 29.17 lakh crore on October 29, 2021, from Rs 17.74 lakh crore on November 4, 2016.
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Can you transfer money via UPI without internet access?
UPI is now also available for non-Internet based mobile devices (smartphone as well as basic phones) in the form of a dialling option
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UPI transaction value jumps over 100% in July
Digital payments made on UPI platforms and wallets increased to almost 3.25 billion in July as against 1.5 billion in the year ago period
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How does UPI-based autopay work for SIPs in mutual funds?
You can set up AutoPay for a maximum of Rs 5000 per SIP using UPI as the payment mode. Th limit is Rs 1,00,000 per SIP using net banking/debit card.
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India, Singapore launch project to link UPI and PayNow
UPI-PayNow linkage will enable users of each of the two fast payment systems to make instant, low-cost fund transfers on a reciprocal basis
