Sat, Aug 31, 2024
The findings showed that India leads the world in digital transactions, with over 40 per cent of payments being made digitally, and UPI being used for a majority of them.
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Fri, Jul 19, 2024
Unified Payment Interface (UPI) is an Indian instant payment system developed by the National Payments Corporation of India (NPCI) in 2016.
Mon, Jul 01, 2024
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI (Unified Payments Interface), with the fast payment systems of ASEAN members -- Malaysia, Philippines, Singapore, and Thailand.
Thu, Nov 24, 2016
Finance Minister said there are 14 lakh POS machines which are there at retail level and this figure has to be expanded manifold.
Thu, Aug 25, 2016
The banks with 1,000 pilot customers, 5,000 transactions and a success rate of around 80% will be permitted to go live.
Sat, Jul 09, 2016
The instruments are expected to grow the consumer and SME loan market from $600 billion to $3,020 in the next 10 years.
Sun, May 08, 2016
"If the UPI adoption continues mobile wallets like SBI's Buddy, ICICI Bank's Pockets, HDFC Bank's Chillr and Paytm will be redundant," said the report.
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