digital transactions
Brief
UPI transactions in India hit an all-time high of 9.4 billion in May 2023
Dazeinfo -
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....
Brief
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...
Brief
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...
Brief
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...
Brief
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...
Brief
India To Account For 2.2% Of The Global Digital Payment Market by 2023 [REPORT]
Dazeinfo -
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...
Brief
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...
GraphFarm
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...
Brief
Can WhatsApp Pay Give PhonePe And Google Pay Run For Their Money?
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...
Brief
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...
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Latest News
Swiggy and Zomato Lock Horns in India’s Food Delivery Price War: Enough to Entice New Customers?
In India's rapidly expanding online food delivery landscape, industry frontrunners Zomato and Swiggy are revamping their strategies to appeal...
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