digital transactions

Mobile Banking Transactions In India by Month: Volume vs Value

The above graph represents the total volume and value of mobile banking transactions in India by month. The usage of mobile banking services in India has constantly been increasing for the last few years. In October 2019, the number...

Google Project Cache: The Next Big Move By The Tech Behemoth

A new report by the Wall Street Journal reveals that Google is all set to make the new big move into the banking and finance sector. A new service, project codenamed ‘Cache’, is expected to launch sometime early next...

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...

Total Value of Cheque Transactions in India, by Month

The above graph represents the total value of cheque transactions in India by month. Cheque Truncation System (also known as Image-based Clearing System (ICS)) is the process of stopping the physical movement of cheques, issued by a drawer to the drawee branch....

Number of Cheques Cleared Through CTS in India, by Month

The above graph represents the total number of cheque transactions through CTS in India by month. India recorded about 89.67 million cheque-based transactions that cleared through CTS (Cheque Truncation System) in October 2019, as compared to 82.65 million transactions...

Total Value of IMPS Transactions in India by Month

The above represents the total value of IMPS transactions in India by month. IMPS (Immediate Payment Service) is an instant payment inter-bank electronic funds transfer system in India, which allows customers to operate through their mobile phones. In October 2019,...
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Meta introduces 3D Avatars for Facebook, Instagram, and you must use it

Meta Platforms, Facebook's parent company, has introduced virtual 3D avatars for Indian users. The avatars will be available...
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