UPI payments

Walmart-Owned PhonePe Planning IPO At $8-10 Billion Valuation; Can Become 100% Make In India Company In order to expand its financial services portfolio and deepen its core United Payments Interface (UPI)-based payments operations, part…

Use iPhone Camera For Making UPI Payments, Instantly! How Does It Work? With the launch of iOS 15, Apple has also rolled out some features especially for Indian consumers. Features For Indian Consumers The main features…

PhonePe had 1,149.84 million transactions for Rs 2,34,123.57 crore in May, while Google Pay had 880.59 million transactions worth Rs 1,87,136.95 crore. PhonePe overtook Google Pay in terms of UPI transaction volume and value in December…

The digital payments market may have recorded 2.53 billion transactions worth Rs 4,90,638 crore UPI transactions increased by double digits during the lockdown months as the virus spread and customers began to prefer digital payments.…

Income tax will be charged on UPI transactions and e-wallet payments too. With the volume of transactions via e-payments and UPI gaining exceeding traction, especially during the past few months. Factors like restrictions in terms of…

UPI Transactions Under Rs 50 Can Be Banned For These Apps? Here Are The Details It seems that a surge in low-ticket transactions across gaming apps during the IPL season is causing a headache for India’s Unified Payment Interface. …

UPI, RuPay Transactions Still Being Charged By Payment Gateways; Govt Asks Tough Questions A recent report from Economic Times reveals that payment gateway service providers are defying a government notification by charging merchants a…

Banks association and payments forums urge the Centre to restore the Merchant Discount Rates. Starting January 1, 2020, Finance Minister Nirmala Sitharaman announced for all businesses with an annual turnover of Rs 50 crore or more to…

The Currency in Circulation (CIC) has increased by 22% in 2020, as compared to the volume recorded in 2019. RBI has released important data, informing the growth in currency circulation by Rs 5,01,405 crore in a year’s time, between…

Google Pay Is India's #1 UPI App With 96 Cr Transactions In 30 Days; UPI Rise By 102% This Year! UPI transactions have seen a great boom during 2020 with registered value past the Rs 4-lakh-crore mark in December for digital…