digital transactions

India Goes Cashless: 70% of Tech-Savvy Opt for Digital Payments [REPORT]

The widespread adoption of smartphones and the Internet in India has led to a dramatic increase in digital payments over the past five years. This trend is evident among both consumers and merchants. A new report titled ‘How Urban...

India Racing Towards a Cashless Economy as UPI Transactions Surpassed 100 Billion in 2023, With 60% YoY Surge

The Unified Payments Interface (UPI) has solidified its position as India's go-to digital payment platform, witnessing a staggering surge in both transaction volume and value in 2023. Interestingly, the number of UPI transactions surpassed the 100 billion mark by...

UPI transactions in India hit an all-time high of 9.4 billion in May 2023

India has seen a digital boom in the last five years, especially after Covid-19 Pandemic. The number of people going online, shopping, and making online payments through UPI, Wallets, or their credit/debit cards has surged dramatically in recent years....

UPI transactions in India declined 6.3% MoM in February 2023, indicating cash remains king!

The adoption of UPI-based payments in India has dramatically increased since its launch in 2016. It is currently the fastest-growing mobile payment system in the world. Surprisingly, after a stellar performance in 2022, the country saw a notable drop in...

Link your credit cards with UPI now: NPCI aims for UPI transactions worth $1 billion a day

The exploded adoption of UPI (Unified Payment Interface) has encouraged the RBI (Reserve Bank of India) to make UPI payments more appealing to users. In a significant shift in the way it operates, RBI has announced going further...

Number of UPI Transactions In March 2022: Hit A Record 5 Billion and Counting

The number of UPI transactions surpassed the 5 billion mark for the first time in March 2022, two days ahead of the month-end. According to the National Payments Corporation of India (NPCI) tweet, the transactions through the Unified Payments Interface...

Amazon, Swiggy Payment Processor Reports About 3.5 Crores Cardholders Data Breach

Juspay, the leading Indian payment processing startup has been revealed to suffer a major data breach in which the masked credit and debit card numbers, email ids, names, and phone numbers of at least 3.5 crore users have been...

India To Account For 2.2% Of The Global Digital Payment Market by 2023 [REPORT]

The global digital payment market is estimated to grow at 23.8% CAGR in the next five years to become a $12.4 trillion market by 2025. India, one of the fastest-growing internet and smartphone markets in the world, will play...

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...

Mastercard Quarterly Revenue by Segment

The above graph represents the Mastercard quarterly revenue by segment, starting from fiscal Q1 2008 to the recently completed quarter. The company's net revenue is classified into five categories: domestic assessments, cross-border volume fees, transaction processing, other revenues and...
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Happy Birthday Alan Mamedi: The Man Who Turned Spam Calls Frustration into a Mobile Security Empire

With over 5.6 billion unique mobile subscribers globally, the surge in spam calls and messages has reached unprecedented levels....
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