Tag: UPI Transactions

Fintech sector: Self Regulatory Organisation needs to keep fintech sector in check: RBI Dy Guv T Rabi Sankar
Posted in Economy

Fintech sector: Self Regulatory Organisation needs to keep fintech sector in check: RBI Dy Guv T Rabi Sankar

Reserve Bank of India‘s Deputy Governor T Rabi Sankar on Thursday spoke at the Global Fintech Festival 2024. In his speech, he spoke about Self…

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Gig workers prepare to deliver orders outside Swiggy's grocery warehouse at a market area in New Delhi, India, May 6, 2024. (Priyanshu Singh/Reuters)
Posted in Business

Swiggy launches Swiggy UPI, reduces number of payment steps from five to just one: How to set up and use

Aug 14, 2024 05:17 PM IST Swiggy claims that the new Swiggy UPI, powered by Juspay’s HyperUPI Plugin allows users to reduce transaction time from…

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Over all the Indian banking system maintained a strong momentum in credit growth, which surged by 15 per cent, with a deposit growth of 13 per cent in FY24.
Posted in Business

UPI transactions grow 57% Yoy, PhonePe and GPay dominate market share: Report

Unified Payments Interface (UPI) transactions experienced substantial growth, increasing by 57 per cent YoY in FY24. Within this segment, PhonePe and Google Pay dominated, holding…

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Kotak Mahindra Bank app, Net banking, UPI down? This is what the bank has to say
Posted in Finance

Kotak Mahindra Bank app, Net banking, UPI down? This is what the bank has to say

Many Kotak Mahindra Bank customers were unable to use the bank’s mobile app. Some of these customers took to social media to express their dissatisfaction….

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Inside Image (1).
Posted in Finance

upi: India’s first corporate credit card on RuPay network launched; UPI transactions & lifetime free and more

IndusInd Bank has launched ‘eSvarna’ which is a corporate credit card on RuPay network. eSvarna RuPay credit card can be used to link with any…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

pine labs payment terminals: With new payment terminals, it’s ‘battle on’ between Pine Labs and Paytm

Physical merchant payment is fast emerging as the battlefield for payments players, who are trying to carve out a niche for themselves. On Monday, with…

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The overall value of the transactions in May stood at 14.89 lakh crore and saw an increase of 43% on year-over-year basis. (Mint file photo)
Posted in Business

In May, UPI hits record 9 billion transactions worth ₹14 lakh crore. Top points

The Unified Payments Interface (UPI) hit record 9 billion transactions in May, according to data released by the National Payments Corporation of India (NPCI). The…

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UPI to account for 90% of retail digital payments by 2026-27: PwC India report
Posted in Economy

UPI to account for 90% of retail digital payments by 2026-27: PwC India report

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…

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UPI is an instant payment system developed by the NPCI. (Representative)
Posted in Business

At 8.7 billion, UPI hits record transactions in March

India’s Unified Payments Interface (UPI) clocked its highest-ever number of transactions at 8.7 billion in March 2023, according to National Payments Corporation of India’s (NPCI)….

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The interchange fee is usually levied to cover the cost of accepting, processing and authorising the transaction.(File)
Posted in Business

Will online payments become costlier? NPCI recommends this…

Online payment is set to become costlier after the National Payments Corporation of India (NPCI), in a notice, suggested charging interchange fees on merchant transactions…

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