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...
Many believe that payment links via SMS or WhatsApp are a matter of the past as UPI, mobile wallets and Banking apps are fast taking over with the exploded adoption of smartphones and apps. The recent data related to...
The total number of UPI transactions in India has crossed the 1 billion mark for the first time in October 2019. It also makes the Unified Payment System, (UP) the fastest growing mobile payment system in the world.
UPI, which...
In early 2017 when Truecaller launched Truecaller Pay, a UPI-based transaction feature, it became immediately clear that the caller identification company has big plans to penetrate the flourishing mobile payment industry. Today, the company has solidified its commitment by acquiring Chillr -...
If you think that “everyone” has a mobile phone, well, you’re almost right. According to a 2015 report from Cisco, 5.5 billion people will own a mobile phone by 2020 - a staggering 70% of the world's total population....
Last year, slew of high-end smartphones were launched by variant vendors across the world. Apparently, 700.1 million smartphones were sold in 2012, up from 490.5 million a year ago. Furthermore, there would be 1.4 billion active smartphones by the end of...
Mobile payment is expected to mount up by four folds to $1.3 trillion in 2016 and NFC will play a significant role in overall mobile transactions in upcoming years. However, the penetration of NFC mobile payment is still meager,...
At present, mobile banking is considered as one of the convenient mode of transactions. Yesterday, I discussed about how banking sector is now relying on mobile apps or optimized web page for mobile devices for transactions--related to balance inquiry or cash...
The explosive growth in global mobile industry has triggered the adoption and development of mobile app ecosystem. Users are becoming more demanding and pushing their devices for peak performance activating various services on their mobile devices. Witnessing the transformation...
It's almost the complete of one year of Google Wallet services and it has made a strong penetration among mobile payment users. On the other side, its competent "PayPal" also seems very aggressive this time. Recently, it has signed an...
