UPI Payments
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
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
NPCI Refuses To Ban Cryptocurrency Trades in India: Banks To Decide Their Individual Stance!
At a time when the fate of cryptocurrency acceptance hangs mid-air in India, the NCPI has made a massive announcement in favour of your beloved tokens!
According to the latest media reports, the National Payments Corporation of India, aka NCPI,...
Brief
Chipping Away: Amidst the UPI Boom, Paytm Looks To Navigate its Way
As if it wasn’t on a roll earlier, the COVID-19 pandemic made the thrust to digital payments all the more prolific, important, and the ultimate need.
At the front and center, milking all that acceleration has been the UPI or...
Brief
UPI Transactions Slowing Down? 2.29 Billion In February, A Dip From January!
For the last few months, the growth in the number of UPI transactions has been below expectations. Industry experts expected the surge after the holiday season, but February remains no different, both in terms of UPI transactions volume and...
Brief
UPI Transactions To Cross Record 6.5 Billion In Q4 2020
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The number of UPI transactions has crossed 2 billion mark in a second consecutive month. With that, it's clear that the number of UPI transactions is all set to touch a record high 6.5 billion figure in Q4 2020.
According...
Brief
CCI Is Tightening The Noose Around Google Pay, And Google Is Miffed
In what can only be called an interesting coincidence, soon after GPay recently cried foul about NCPI's 30% cap on UPI transactions while WhatsApp Pay announced its official rolled out in India, the payments app from Google has now...
Brief
WhatsApp Pay Finally Rolled Out In India To Amplify Facebook’s Push Into Commerce!
After a wait of two years, the WhatsApp Pay feature has finally been rolled out in India and without any doubt, it is all set to shake up the payments' space in the country!
Today, Facebook announced that WhatsApp payment...
Brief
UPI Transactions Nearly Doubled In Q3 2020: 1.8 Billion In September Alone
The increasing number of UPI payments clearly indicates that the digital revolution in India is all set to open doors for new opportunities, especially in fintech space.
The National Payments Corporation of India (NPCI) recently released the latest data regarding...
Brief
Why Is Google Pay In Hot Water in India?
Google Pay has been treading in hot water over a Public Interest Litigation as of late.
The company is accused of sharing Google Pay users' transaction details with third-party advertisers, touting a threat to users' privacy and data.
It all started...
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Latest News
Made-In-India smartphone shipments 2022: Apple iPhone shipments grew 65% YoY by volume and 162% YoY by value [REPORT]
All major global tech companies, including Apple, Samsung, Xiaomi, and others, have established smartphone manufacturing facilities in India. These...
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