digital transactions

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...

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...

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...

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 Annual Operating Expenses by Type

The above graph represents PayPal annual operating expenses by type, starting from fiscal 2012 to the recently completed year. In 2019, PayPal's total operating expenses increased 13.6% YoY to $15,053 million. PayPal Transaction expense increased 21.7% YoY in 2019,...
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Meta is bringing down the curtain on Zuckerberg’s much ambitious project

Meta, previously known as Facebook, is finally bringing down the curtain on one of the most anticipated projects that...
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