UPI

Global QR Code Payments To Record 58% Growth to $4.8 Billion by 2028

As the world is witnessing digital revolution, few innovations have had as profound impact as QR code payments. The exploded adoption of smartphone, deep penetration of high-speed mobile internet connectivity and ease of instant payment settlement has been fuelling...

Why PhonePe, Google Pay, and Merchants Are Apprehensive About the New UPI Plugin?

The adoption of UPI (Unified Payment Interface) has surged over the past five years, driven by the widespread use of smartphones and the availability of high-speed internet across India. Players like PhonePe, Paytm, and Google are vigorously competing to...

Jio Bharat Feature Phone: Ambani’s Strategic Brilliance for Billions

In the fast-paced world of smartphones and cutting-edge technology, India has emerged as the second-largest smartphone market, with a staggering 800 million users. The country's smartphone user base is expected to skyrocket in the next two years as more...

The Convenience of UPI Payments in Indian Online Casinos

The modernization of the financial system has come to India as well. People can now use UPI, a reliable and convenient payment method, for different everyday transactions. Although people mostly use UPI to pay for goods and services, there...

UPI transactions in India hit an all-time high of 9.4 billion in May 2023

India has seen a digital boom in the last five years, especially after Covid-19 Pandemic. The number of people going online, shopping, and making online payments through UPI, Wallets, or their credit/debit cards has surged dramatically in recent years....

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...

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...

PhonePe Revenue in FY21 Soared 85%, Offered ESOPs Worth ₹843 Crore

PhonePe, the market leader in UPI transactions and financial services, announced a significant declined of 44 percent in losses incurred during fiscal 2021 (FY21), on a stand-alone basis, compared to the previous fiscal. Losses from operations, excluding expenses related to...

NPCI’s Voice-Based Payment Solution Could Be a Game Changer

The National Payment Corporation of India (NPCI), known for developing and managing first of its kind Unified Payment Interface (UPI) and Aadhaar Enabled Payment (AePS), is once again gearing up for a new voice-based payment solution. The solution has...
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Apple iPhone 15 Upgrade Puzzle: Tempting Trade-In to Lure iPhone 12 and 13 Series Users

Do you know nearly one-fourth of iPhone users stick to their devices for about 1 to 2 years before...
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