UPI processed a record 59.33 billion transactions during the quarter, up from 44.44 billion in Q3 2024. Transaction value ...
India’s transition towards a cashless economy has gained significant momentum over the past decade. With government initiatives promoting digital transactions, the rise of fintech innovations like UPI ...
Financial inclusion is a critical enabler of economic development, ensuring that all individuals and businesses, regardless of their financial status, have access to essential financial services. In ...
India’s central bank is scaling up its digital rupee pilots with new features like programmability and offline payments, aiming for broader financial inclusion. The Reserve Bank of India (RBI) is set ...
The rapid adoption of Unified Payments Interface (UPI) in India has significantly curtailed the country’s dependence on cash, according to a recent International Monetary Fund (IMF) study. The paper ...
Google Pay, a dominant player in the mobile payment services market, has become a staple in the daily transactions of over 150 million users across 42 markets. However, its usage varies significantly ...