India Post Aadhaar ATM: Here’s how to get cash delivered at home
IPPB service helps users withdraw cash from any Aadhaar-linked bank accounts via NPCI’s AEPS system
digital payments
April 2024
December 2023
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October 2022
Paytm records 912 crore merchant transactions in Q2FY24
Paytm report shows widespread adoption of Paytm-pioneered QR codes and exemplifies it by saying that if all the Paytm QR codes used this year were stacked up, it would be taller than 40 Qutub Minars
Digital transactions volume up 45% in FY23; crosses 10,998 cr in FY24 so far: FinMin
Digital transaction target for FY24 remains 18,000, of which 10,998 crore worth transactions have already been achieved, amounting to ₹2,290 lakh cr
Currency in circulation during Diwali dips 2nd time straight in 20 yrs
Dip attributed to changing payment system, including the emergence of UPI, wallets & QR code, which has made it simple and cheaper to transfer money digitally
UPI transactions at 9.3 bn in June, double of Jan 2022
UPI transaction value increased from ₹8.3 lakh crore in January 2022 to ₹14.7 lakh crore in June 2023.
Hello UPI! These new features to make online payments easier
New offerings like Credit Line on UPI, UPI LITE X and Tap & Pay, and Conversational Payments aimed at redefining payments ecosystem in India
CBDC to make cross-border payments cheaper, faster, secure: RBI Guv
"Empirical data we are generating to go a long way in shaping policies and future course of action," says RBI Governor Shaktikanta Das
UPI transactions top 10 bn in Aug; PM Modi says ‘exceptional news’
UPI transactions see 61% year-on-year growth in volume terms, while 47% YoY growth in terms of the transaction amount
Digital payments surge 13.2% YoY at March-end 2023: RBI
RBI says the DPI index has "increased across all parameters", driven by significant growth in payment infrastructure & performance
Ecommerce losses to exceed $48 billion globally in 2023 due to online payment fraud
The report recommends that BNPL vendors conduct robust identity verification at the point of onboarding to mitigate these risks.
