UPI

Digital Payments in India: UPI Stands Triumphant Over Debit and Credit Cards

UPI or the Unified Payments Interface has become one of the fastest-growing payment platforms in India and has draw attention of global policy-makers as well. It is now regarded as an important institutional and public policy innovation. On Thursday, revelations...

Paytm Aims To Strengthen Its Market Presence With All-in-One Device

The growth of digital payment in India is primarily led by mobile. In the last few years, however, the competition has become fierce and mobile wallet companies are leaving no stone unturned to keep customers glued with their services....

UPI Scam: A Man Loses Rs. 1.01 Lakhs While Using Paytm and Google Pay

Facebook finds it itself in the middle of its first scam of the new decade and the catalyst seems to be its online marketplace. However, the related report highlights a much larger issue that has nothing to do with...

The Number of UPI Transactions: 1 Billion And Counting!

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...

Volume and Value of UPI Transactions In India by Month

The above graph represents the total volume and value of UPI transactions in India by month, starting from August 2016 to September 2020. The digital transactions in India through Unified Payments Interface (UPI) touched a new record in September...

Number of UPI Transactions in India by Month

The above graph represents the total number of UPI transactions in India by month, starting from August 2016 to June 2020. The number of UPI transactions increased a considerable 8.3% month-on-month in June 2020 to a record-high of 1,336.93...

Total Value of UPI Transactions in India by Month

The above graph represents the total value of UPI transactions in India by month, starting from August 2016 to June 2020. Both, the volume and value of UPI transactions in India hit a new record in June 2020. About...

WhatsApp Sharing Payments Data With Facebook: A Threat To Other Payments Companies In India?

Following months of anticipation, WhatsApp launched its peer-to-peer payment feature in the month of February 2018, putting forth a strong parley to India’s digital payments ecosystem. However, con-tempo news state that, this feature has been a reason for India's Central...

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...

452% Increase In UPI Transactions in Q4 2017, But BHIM App Disappoints

In December 2016 when Bharat Interface for Money (BHIM) UPI app was launched by the honourable prime minister of India Mr. Narendra Modi, there was hardly anyone who doubted the success of the app. In fact, there were many who...
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AI & Healthcare Drive India’s DeepTech Innovation: 922 Patents Filed Since 2008

India, with its burgeoning startup ecosystem and relentless technological advancements, is witnessing an unprecedented surge in patent filings. According...
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