mobile wallets

Total Value of Mobile Wallet Transactions In India by Month

The above graph represents the total value of mobile wallet transactions in India by month. In October 2019, about Rs 151.09 billion worth of transactions were completed through mobile wallets in India. That showed nearly 2.96% month-over-month increase in...

Number of Mobile Wallet Transactions In India by Month

The above graph represents the total number of mobile wallet transactions in India by month. In October 2019, the number of mobile wallet transactions declined to 339.33 million, representing 0.26% M-o-M and 7.9% YoY decline. The mobile wallets now...

PPI Transactions in India by Month: Volume vs Value

The above graph represents the monthly distribution of PPI transactions in India in terms of volume and value. India recorded its highest-ever volume of 484.83 million PPI transactions worth over Rs 186.58 billion in the month of October 2019....

Total Value of PPI Transactions In India by Month

The above graph represents the total value of PPI transactions in India by month. In October 2019, Prepaid payment instruments (PPIs) recorded its highest-ever volume of about 484.83 million transactions valued at Rs 186.58 billion in India. In terms of...

Mobile Wallet Transactions In India by Month: Volume vs Value

The above graph represents the monthly distribution of mobile wallet transactions in India in terms of volume and value. India recorded about 339.33 million transactions worth Rs 151.09 billion through mobile wallets in October 2019. That represented nearly 0.26%...

Number of PPI Transactions in India by Type: April 2012 – October 2019

The above graph represents the monthly distribution of the PPI transactions volume in India by type - mobile wallets and PPI cards. In October 2019, a whopping 484.83 million transactions were carried out through Prepaid Payment Instruments (PPIs). Interestingly,...

Number of PPI Transactions In India by Month

The above graph represents the total number of PPI transactions in India by month. In October 2019, a whopping 484.83 million transactions were recorded on PPI (Prepaid payment instruments), representing a 20% month-over-month increase. On a yearly basis, it's...

Value of PPI Transactions In India by Type: April 2012 – October 2019

The above graph represents the total value of PPI transactions in India by type - mobile wallets and PPI cards. The total value of PPI transactions increased 4.6% M-o-M to Rs 186.58 billion in the month of October 2019....

No Charges On Paytm Transactions: Paytm Refutes All Claims

Earlier today India woke up with the news of Paytm charging the transaction fee from consumers on every transaction they make via Paytm wallet. The internet was buzzed with the rumours and media houses were quick to draw various...

Can The Reserve Bank’s KYC Norms Help UPI Gain The Upper Hand Over Mobile Wallets?

Unless you have been living under a rock for the past year or so, you must have some idea about the meteoric rise in popularity of mobile wallets in India. The sudden explosion in popularity and the subsequent ‘arms...

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CRED Valuation Soars To $4 Billion As It Raises $251 Million

The fast-growing Credit card payments company CRED has concluded a $251 million financing round and has boosted its value...