digital payments

Number of PPI Transactions in India by Type: April 2012 – October 2019

The above graph represents the monthly distribution of the PPI transactions volume in India by type - mobile wallets and PPI cards. In October 2019, a whopping 484.83 million transactions were carried out through Prepaid Payment Instruments (PPIs). Interestingly,...

Number of PPI Transactions In India by Month

The above graph represents the total number of PPI transactions in India by month. In October 2019, a whopping 484.83 million transactions were recorded on PPI (Prepaid payment instruments), representing a 20% month-over-month increase. On a yearly basis, it's...

Value of PPI Transactions In India by Type: April 2012 – October 2019

The above graph represents the total value of PPI transactions in India by type - mobile wallets and PPI cards. The total value of PPI transactions increased 4.6% M-o-M to Rs 186.58 billion in the month of October 2019....

Total Value of NEFT Transactions In India by Month

The above graph represents the total value of the National Electronic Funds Transfer (NEFT) transactions in India by month, starting from April 2004 to October 2019. NEFT recorded 242.4 million transactions worth Rs 18,607.9 billion in the month of...

Number of NEFT Transactions in India by Month

The above graph represents the monthly distribution of the total number of National Electronic Funds Transfer (NEFT) transactions in India, starting from April 2004 to October 2019. The number of NEFT transactions in India increased to 242.4 million in...

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...

Social Media Routes Beyond Networking; Social Commerce Is The Next Big Thing

Social media channels are no longer a platform to hang around at or a place for the usual hum-drum - It is now a digital marketplace! According to the recent study done by PayPal, social media platforms are no longer...

From Bits Of Paper To Bits And Bytes: Evolution Of The Cashless Economy In India

We live in an era where technology has permeated every single aspect of our daily lives. The impact of technology on our day to day activities is undeniable, as is its incessant forward march. This phenomenon can be most...

PayPal Knocks At The Doors of Indian Seller In An Attempt To Beat Paytm

With an aim to take Indian market by storm, PayPal had tried numerous methodologies like application for PPI (Prepaid Payment Instrument) in September last year to wooing Snapdeal for its Freecharge app. After making a failed attempt to acquire Freecharge,...

Digital Payments In India: Mobile Will Be Instrumental In 26.2% CAGR During 2016 – 2020

India is one of the fastest growing economies worldwide, and acceptance of Digital Payments in India has been one of the major reasons behind this phenomenal growth. As all eyes are set on India; the government is leaving no...
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Apple and Google may have to pull Tiktok down from their app stores

Whenever it appears that Bytedance-owned TikTok has overcome all legal troubles a new challenge mushrooms every time. However, this...
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