Currency in circulation falls during Diwali for first time in 2 decades: SBI
With the increased acceptance of digital payments in the country, the over reliance on cash is slowly fading away.
upi transactions
November 2022
September 2022
August 2022
June 2022
December 2021
UPI clocks ₹12.11 lakh cr worth transactions in Oct
In terms of volume, UPI transactions were at an all-time high of 731 crore, thus registering a growth of 7.6% as compared to 678 crore transactions in September.
UPI clocks 6.5 billion transactions in August
UPI transaction value for August jumps to ₹10.72 lakh crore.
No charges on UPI payments: Govt
The clarification comes days after the Reserve Bank of India (RBI) proposed a tiered charge framework for UPI payments.
UPI transactions may attract MDR charge; RBI seeks feedback
RBI's discussion paper proposes replacing the zero-charge framework for UPI transactions with a subsidy.
WhatsApp ties up with RazorpayX to boost ‘cashback’ transactions via UPI
WhatsApp has launched an aggressive ‘cashback strategy’ to emerge as a serious challenger against the likes of PhonePe and Google Pay, which hold a market share of 47% and 34% share, respectively.
UPI transaction value hits ₹10 lakh crore mark in May
UPI processed 595 crore transactions worth ₹10.41 lakh crore in May this year.
Predictions 2022: Pine Labs' Kush Mehra sees UPI, e-RUPI taking fintech centre stage
e-RUPI will see more innovation in 2022, be it in corporate gift vouchers, processing donations, or usage by the government for direct benefit transfers.
UPI surges; now 51% of digital transactions in India
Financial inclusion: Kerala tops the list with a score of 90.9; Bihar ranks at the bottom with 38.5.
