UPI's contribution to digital payment volumes skyrocketed from 34 per cent in 2019 to 83 per cent in 2024, reflecting a ...
Retail digital payments in India are expected to double to $7 trillion by 2030, primarily driven by Unified Payments Interface (UPI) adoption and usage.
The share of the Unified Payments Interface (UPI) in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR (cumulative average ...
has given a go-ahead to roll out Unified Payments Interface (UPI) services for its entire user base in India. The National Payments Corporation of India (NPCI) recently announced its decision to ...
has extended the deadline for Unified Payments Interface (UPI) providers to adhere to its 30% market share limit by two more years, until December 31, 2026. In another development, NPCI has lifted ...
India’s homegrown Unified Payments Interface (UPI) kept ruling the digital payments landscape securing more than 85% of the pie in terms of volume in 2024. According to the Payments System ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Tapping into India's Unified Payments Interface, WhatsApp ...
The Reserve Bank of India (RBI) has allowed Unified Payment Interface payments to and from prepaid-payment instruments (PPIs) — like digital wallets— which have complete know-your-customer ...
approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI’s launch in 2016. This surge reflects growing interest from financial technology (fintech) companies ...
(Bloomberg) India's Unified Payments Interface (UPI) transactions rose to 16.73 billion in December 2024, National Payments Corporation of India (NPCI) data revealed. And this exponential rise has ...
to accept Unified Payments Interface (UPI) payment mechanism in France starting with the iconic Eiffel Tower. Incorporating a credit line with one’s UPI app eliminates the need to carry multiple ...