UPI Transactions Reach Record High in December 2024
UPI transactions hit a new peak in December 2024, with 16.73 billion transactions recorded, marking an 8% increase from November. UPI processed around 172 billion...
Tag : digital payments
WhatsApp Pay to Launch for All Users as NPCI Lifts Onboarding Limit
The National Payments Corporation of India (NPCI) has lifted the UPI user onboarding limit for WhatsApp Pay, making it available to all users from now...
Time is Not Right to Impose Fees on Digital Payments: FM Sitaraman
According to Union Finance Minister Nirmala Sitharaman, who was quoted by news agency ANI, the Central government does not believe that the moment is suitable...
UPI Transactions to Remain Free, Modi Govt Clears
The Ministry of Finance has clarified that the government is not considering any charges on UPI services. The concerns of the UPI (Unified Payment Interface)...
RBI Governor Shaktikanta Das Launches UPI for Feature Phones
Reserve Bank of India (RBI) Governor Shaktikanta Das launched UPI for feature phones called UPI123Pay. He also introduced a 24×7 helpline for digital payments, i.e....
Apple to Introduce Payment Terminals in iPhone
Apple is planning to launch a new feature that will allow businesses to accept credit cards and digital payments with just a tap on their...
Google Declares India-Specific Features for Local Language Access
Google announced new product features to increase the benefits of India’s growing digital economy through local language and voice support in search, digital payments and...
Razorpay Raises $160 Mn at $3 Bn Valuation
Digital payments and business banking platform Razorpay said it has raised $160 million in its Series E round of funding, at a valuation of $3...
Six Consortiums Apply to RBI for NUE Licence
Six consortiums, including those led by Reliance Industries, Tata Group, and Axis-ICICI Bank, submitted applications to the Reserve Bank of India (RBI) to set up...
At 740 Million, Paytm Transactions Surpass Pre-Covid Level
Digital payments major Paytm said its payments gateway business processed close to 750 million transactions a month, surpassing pre-covid levels. The pandemic has accelerated the...
