Tag: UPI Transactions

Only 0.8% of UPI transactions face 'technical declines' now: NPCI
Posted in Economy

Only 0.8% of UPI transactions face ‘technical declines’ now: NPCI

National Payments Corporation of India’s managing director and chief executive Dilip Asbe on Tuesday said that the technical decline rates on UPI platform have fallen…

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HT speaks with Mastercard’s Sekhri to understand India’s fast evolving payments landscape. (Official Image)
Posted in Business

GenAI is a powerful tool in the realm of cybersecurity: Mastercard’s Joy Sekhri

UPI transactions, via bank account or RuPay cards. Credit card, or debit card to pay for purchases. The futurism of tap to pay using anAndroid…

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UPI: Digital payments surge: Cash usage declines post-pandemic in India, says RBI
Posted in Economy

UPI: Digital payments surge: Cash usage declines post-pandemic in India, says RBI

Sixty percent of consumer expenditure is still cash based as of March 2024. But its share is declining rapidly post COVID. The share of digital…

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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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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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