UPI

The regulatory measures imposed on Paytm Payments Bank by the Reserve Bank of India (RBI) have had a direct impact on Paytm's market dominance in India. Since the announcement of the ban on January 31, 2024, each passing week...

PhonePe has over 4x of Paytm’s UPI market share! One of every two UPI transactions is taking place via PhonePe … and this could be concerning for NPCI. The National Payments Corporation of India (NPCI) faces an acute challenge in...

The repercussions of the Reserve Bank of India's (RBI) ban on Paytm Payments Bank are becoming increasingly evident, with a significant hit to Paytm's UPI market share. Recent insights obtained by Moneycontrol from banking sources reveal that Paytm's UPI...

The Unified Payments Interface (UPI) has solidified its position as India's go-to digital payment platform, witnessing a staggering surge in both transaction volume and value in 2023. Interestingly, the number of UPI transactions surpassed the 100 billion mark by...

India's Unified Payment Interface (UPI) has already revolutionized the country's economy and the burgeoning tech startup ecosystem. After gaining a sizable share in the UPI space, fintech companies like PhonePe and Paytm have already made significant strides in the...

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...

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...

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 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...

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....