TAG: UPI
UPI transaction value stays above Rs 20 lakh crore for 3rd straight month in July
UPI transaction value stayed above Rs 20 lakh crore for the third month in a row in July, according to data released by the National Payments Corporation of India on August 1.The total value of transactions using the digital payment service rose to Rs 20....
2 months ago
Future of UPI: The transformative power of credit integration
By Prakash Sikaria The Unified Payments Interface (UPI) has been a cornerstone for economic transformation in India, revolutionizing how we transact, shop, and manage our finances. That being said, there is tremendous potential that remains untapped and t...
1 month ago
Indian economy holds steady as businesses hope festive cheer
India’s economy kept humming in August even though at a slower pace than July, according to high frequency data released on September 1 and 2.While GST collections at Rs 1.75 lakh crore in August remained above Rs 1.7 lakh crore for a sixth month in a row...
1 month ago
UPI crosses 500 million daily transactions in September
The Unified Payments Interface (UPI) network, operated by the National Payments Corporation of India, processed over 500 million daily transaction in September, according to data released by NPCI on October 1.By value, UPI transactions stayed above the Rs...
2 weeks ago
Economy holds steady in first half of FY25; manufacturing shows a hiccup in Q2: Data
The Indian economy held steady in the first half of the year despite a slight hiccup in manufacturing in the second quarter of FY25, according to high-frequency data released on October 1."The economic performance during FY25 so far has been good, with de...
2 weeks ago
UPI’s democratised cashless payments but not grievance redressal
By Aishwarya NarayanThe story of UPI becoming India’s default payment method is one of acculturing tremendously diverse groups of Indians to digital payments using a seamless, safe and intuitive user interface. UPI has emerged as a practical and accessibl...
11 minutes ago