Digital transactions have increased rapidly in the last few years in the country. Unified Payments Interface (UPI) Transactions made a record high of 19.47 billion in July. In terms of value, these transactions have been Rs 25.08 lakh crore last month. This is the second high after Rs 25.14 lakh crore in May. The National…
India has become the fastest payment country in the world. Unified Payments Interface (UPI) has a major contribution in this achievement. In the country, the use of debit cards and credit cards and other means of payment is decreasing. Inter-bank transactions can be done immediately through smartphones from UPI developed by National Payments Corporation of…
India has become the fastest payment country in the world. Unified Payments Interface (UPI) has a major contribution in this achievement. In the country, the use of debit cards and credit cards and other means of payment is decreasing. Inter-bank transactions can be done immediately through smartphones from UPI developed by National Payments Corporation of…
The popularity of Unified Payments Interface (UPI) has increased rapidly over the years. Consciousness fees will have to be paid on paying the bill through credit and debit cards on Google Pay, which provides UPI payments facilities. Earlier, there was a service of three rupees for mobile recharge on Google Pay. A media Report According…
The popularity of Unified Payments Interface (UPI) has increased rapidly over the years. The National Payments Corporation of India (NPCI) has stated that UPI transactions to be blocked from next month with special characters ID will be blocked. NPCI operates retail payments and settlement systems in the country. Released by NPCI Release It has been…
The digital payments segment has grown rapidly in the last few years. Central Bank Digital Currency (CBDC) eRupee is being trialled in India. For this, Reserve Bank of India (RBI) has added many banks. However, RBI says that it will not be in any hurry regarding this. The trial of e-Rupee was started about two…
Trading of cryptocurrencies has increased rapidly in the last few years. Russia is among the major countries mining Bitcoin, the most popular cryptocurrency in this market. However, due to high electricity consumption, Russia has imposed a six-year ban on crypto mining in 10 regions. Russian news agency Tass Report It has been reported that from…
The scope of stringent sanctions imposed on Russia by many Western countries may increase. Recently Russia had told that it is using Bitcoin for international payments. Due to the attack on Ukraine, it is facing strict restrictions. Ukraine has said that it will ban Russia’s use of Bitcoin for international trade. Recently Bitcoin had created…
The scope of Unified Payments Interface (UPI) has increased rapidly in the last few years in the country. It is also being expanded abroad. National Payments Corporation of India (NPCI) has launched UPI One World wallet service for Non-Resident Indians (NRIs) and international travelers visiting the country. This will provide the facility to those travelers…
Unified Payments Interface (UPI) services will be available to all users of the popular instant messaging platform WhatsApp. National Payments Corporation of India (NPCI) on Tuesday removed the limit on adding UPI users on WhatsApp Pay. With this, all the users of WhatsApp in the country will be able to get these payment services. before…