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PayPal India Accused Of Hiding Suspect Financial Transactions: Slapped With ₹96 Lakh Fine!

Paypal, the U.S. online payments giant has been slapped with a humongous penalty in India. What went wrong? Let’s find out. The Indian Government’s Financial Intelligence Unit aka FIU slapped an Rs. 96 lakh penalty on PayPal on the grounds...

UPI Transactions To Cross Record 6.5 Billion In Q4 2020

The number of UPI transactions has crossed 2 billion mark in a second consecutive month. With that, it's clear that the number of UPI transactions is all set to touch a record high 6.5 billion figure in Q4 2020. According...

UPI Transactions Nearly Doubled In Q3 2020: 1.8 Billion In September Alone

The increasing number of UPI payments clearly indicates that the digital revolution in India is all set to open doors for new opportunities, especially in fintech space. The National Payments Corporation of India (NPCI) recently released the latest data regarding...

From Credit Card Transactions To Online Shopping: New Charges Applicable From Today

As we step into the month of October, just three months away from 2021, the Indian Government has introduced many new rules that could surprise you, hence you must pay attention to. The changed and updated rules ranging from Income...

Digital Transactions In India: From 100 Million To 1.5 Billion Per Day by 2025

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 Number of UPI Transactions Plunged Significantly For The First Time Ever!

Since its inception in India, the Unified Payments Interface, aka UPI, has seen an unimaginable amount of scale and speed in terms of growth and adoption. As many as 148 Indian banks currently live on the UPI platform right...

Covid-19 Claims Digital Payments In India As Latest Victim: 30% Slump In Transaction Volume

Gues, who is the latest victim of Coronavirus - Digital Payments in India! The increased countrywide panic in India due to the coronavirus outbreak has caused shops to shut down, travel bookings to getting cancelled and consumers to slowing down...

Number of Aadhaar Enabled Transactions in India, by Month

The above graph represents the growth in the number of Aadhaar based transactions in India by month. AePS (Aadhaar enabled payment system) is a bank led model which allows online interoperable financial transactions at PoS or MicroATM through the...

PayPal Payment Transactions by Year: Volume vs Value

The above graph represents the volume and value of PayPal payment transactions, by year. In 2019, approximately 12,361 million payment transactions worth $711,925 million were completed either on PayPal's own platform or via a partner payment solution. Volume ad Value...

Constant Internet Suspensions In India Affecting Online Transactions and Economy Adversely

In the wake of the highly controversial and prejudiced Citizenship Amendment Act and other related legal developments such as the NRC, IT Amendment Act, Abrogation of Article 370 in Kashmir, and the Data Protection Bill, India has seen a...
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Apple Q2 FY24 Earnings: Revenue Declines in All Major Markets and Products

Apple, Inc. (NASDAQ: AAPL) has unveiled its financial performance for the second quarter of fiscal 2024, ending on March...
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