Wed, Nov 01, 2023
Over 11 billion transactions worth Rs 17.16 lakh crore via Unified Payments Interface (UPI) took place in October, the National Payments Corporation of India (NPCI) said on Wednesday.
More >
Fri, Jul 28, 2023
Digital payments in India witnessed a phenomenal rise in FY23, with the RBI-DPI index reaching 395.58, a remarkable 13.24% surge from Sept 2022. Watch how UPI transactions are set to hit 1 billion daily by 2026-27, revolutionising India's payment landscape.
Mon, May 29, 2023
Growing at a steady pace, UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report. Will UPI Bring Global Financial Revolution in India? To know, watch this exclusive conversation with Mr. Madhusudan Ekambaram, Founder Director, FACE.
A report by PwC India reveals that UPI transactions in India are set to reach a remarkable milestone of 1 billion per day by 2026-27, dominating the retail digital payments landscape with 90% of total transactions. The Indian digital payments market experiences explosive growth, while credit cards continue to thrive, surpassing debit cards by FY25.
Wed, Oct 05, 2022
RuPay credit card has been operational for the last four years, and all major banks are enabled and are issuing incremental cards for both commercial and retail segments.
Sat, Oct 01, 2022
UPI transactions grew by over 3 per cent to 6.78 billion in September from a month ago, data from NPCI showed on Saturday.
Mon, Dec 27, 2021
IndusInd Bank has joined hands with the National Payments Corporation of India (NPCI) to offer real-time cross-border remittances to India using UPI IDs, for its money transfer operator (MTO) partners, the bank said in a statement on Monday.
Wed, Aug 07, 2019
Earlier there were specific time and period imposed when you could carry out NEFT transactions.
Sun, Nov 19, 2017
The transaction volume at all points of sale (POSes) clipped higher by 86% to 378 million in September this year over the same period last year when it stood at 203 million, European payment solutions provider Worldline said in a weekend report quoting the Reserve Bank data.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.