The above graph represents the total volume and value of BHIM transactions in India by month. In December 2019, approximately 17.82 million transactions worth Rs 6,316.37 crore were completed through the Bharat Interface for Money (BHIM) app in India....

In December 2016 when Bharat Interface for Money (BHIM) UPI app was launched by the honourable prime minister of India Mr. Narendra Modi, there was hardly anyone who doubted the success of the app. In fact, there were many who...

The regulatory measures imposed on Paytm Payments Bank by the Reserve Bank of India (RBI) have had a direct impact on Paytm's market dominance in India. Since the announcement of the ban on January 31, 2024, each passing week...

The number of digital transactions in India will increase by 15x in the next 5 years. The booming fintech industry of modern India is one of the best in the world, in terms of emerging digital economies. With a high...

The popular instant messaging platform WhatsApp’s newest offering WhatsApp Pay, which is a UPI-based payments app, is all set to officially roll out in India very soon. The two bankers who are familiar with the development, have confirmed that...

Indians have got the least respect for their privacy and personal information. And, that's why once again highlighted with the way they distribute their sensitive personal information. As an initiative for Safer Internet Day, OLX, an international online marketplace,...

The total number of UPI transactions in India has crossed the 1 billion mark for the first time in October 2019. It also makes the Unified Payment System, (UP) the fastest growing mobile payment system in the world. UPI, which...

Digital Payment systems in India have evolved from being mere wallet companies to full-stack payment providers and what a dramatic evolution it has been! In consonance with recent reports by ET, Paytm, noteworthy digital payment player is planning to invest...

Old habits die hard. An adage, it stands true for Indians and their long-standing preference for cash. As per recent reports, Indians have, most likely, retrogressed to their old habit of cash payment. An analysis of credit and debit card usage...

Unless you have been living under a rock for the past year or so, you must have some idea about the meteoric rise in popularity of mobile wallets in India. The sudden explosion in popularity and the subsequent ‘arms...