Browsing Tag
digital payment
UPI goes global: The past, present & future of India’s payments platform
If there is one Indian innovation that has grabbed global headlines, it is undoubtedly the UPI or Unified Payments Interface payments system.The UPI's place of pride in India's growth story could be easily gauged by Prime Minister Narendra…
How blockchain and UPI payment tech work and which tech is right for you?
In today's rapidly evolving digital landscape, payment technologies have become an integral part of our lives. Two prominent payment technologies that have gained significant attention in recent years are blockchain and UPI (Unified…
India leads global digital payments with 89.5 million transactions in 2022: MyGovIndia data
Digital payment apps have caught up with street vendors like never before, aiding India’s digital growth | File
| Photo Credit: The Hindu
India with 89.5 million digital transactions in the year 2022 has topped the list of five countries!-->>-->!-->>-->…
India’s UPI set to record 1 billion daily transactions by 2026-27: Report
India's digital payments landscape is on the brink of a historic revolution, thanks to the Unified Payments Interface (UPI) system. A recent report by PwC India, titled "The Indian Payments Handbook – 2022-27", has projected that UPI will…
India at Vanguard of Digital Revolution, Says UN Official
India is at the vanguard of the digital revolution and its financial inclusion journey can be an example for other developing countries to look at, senior UN officials and economists have said. Speaking on Thursday at the ‘India Roundtable…
Mobikwik Turned Profitable in March Quarter as Credit Active Users Doubled
Fintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs. 1,000 crore in the current fiscal along with full-year profitability, the company's co-founder Upasana Taku said.The company…
Indians Preferred UPI the Most for Digital Payments in 2022: Report
In India, payment modes like UPI, debit and credit cards, and prepaid payment instruments — Mobile and Prepaid cards —processed 87.92 billion transactions worth Rs. 149.5 trillion during 2022, according to a new report. In terms of UPI,…
Now NRIs In Oman Can Make Cross-Border Bill Payments On Behalf Of Family; Check This New Service
The service provides Indian expatriates, who up until now had to rely on conventional methods to pay their domestic bills, with a much-needed option. (Representative image)With this development, Indians living in Oman will now be able to…