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BHIM Transactions in India by Month: Volume vs Value

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....

Volume and Value of UPI Transactions In India by Month

The above graph represents the total volume and value of UPI transactions in India by month, starting from August 2016 to September 2020. The digital transactions in India through Unified Payments Interface (UPI) touched a new record in September...

Number of UPI Transactions in India by Month

The above graph represents the total number of UPI transactions in India by month, starting from August 2016 to June 2020. The number of UPI transactions increased a considerable 8.3% month-on-month in June 2020 to a record-high of 1,336.93...

Total Value of UPI Transactions in India by Month

The above graph represents the total value of UPI transactions in India by month, starting from August 2016 to June 2020. Both, the volume and value of UPI transactions in India hit a new record in June 2020. About...

NACH Transactions in India by Month: Volume vs Value

The above graph represents the total volume and value of NACH transactions in India, by month. Both, the volume and value of NACH transactions in India reached an all-time high in the month of October 2019. The National Automated...

Does The February Deadline Spell Doom For The Indian Mobile Wallet Industry?

More than 95% Indian e-wallets could cease to be operational from March, owing to non-compliance with RBI’s directives. As per an RBI directive issued in October 2017, all Prepaid Payment Instruments (PPIs) and mobile wallets were asked to collect...

Paytm UPI Positions Itself As India’s Leading Payments Solution, Earmarking Rs 200 Crore!

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...

WhatsApp Payment Service In India: Government Withheld The Launch, Again

Amidst the struggle with raging controversies the launch of WhatsApp payment service in India is has been put on hold. WhatsApp, the Facebook-owned instant messaging has been denied the permission for the nationwide launch of its online payment service in...

WhatsApp Sharing Payments Data With Facebook: A Threat To Other Payments Companies In India?

Following months of anticipation, WhatsApp launched its peer-to-peer payment feature in the month of February 2018, putting forth a strong parley to India’s digital payments ecosystem. However, con-tempo news state that, this feature has been a reason for India's Central...

452% Increase In UPI Transactions in Q4 2017, But BHIM App Disappoints

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...
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India Leads in Generative AI Adoption: Nearly 90% of Students and Employees Actively Engaged

Generative Artificial Intelligence (GenAI) has captured global attention with the emergence of groundbreaking tools like ChatGPT, Gemini, Midjourney, and...
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