INDIA BCCOMES FASTEST COUNTRY In the World In Making Payments, UPI Has Big Role

India has become the fastest payment country in the world. Unified Payments Interface (UPI) has a major contribution in this achievement. In the country, the use of debit cards and credit cards and other means of payment is decreasing. Inter-bank transactions can be done immediately through smartphones from UPI developed by National Payments Corporation of…

INDIA BCCOMES FASTEST COUNTRY In the World In Making Payments, UPI Has Big Role

India has become the fastest payment country in the world. Unified Payments Interface (UPI) has a major contribution in this achievement. In the country, the use of debit cards and credit cards and other means of payment is decreasing. Inter-bank transactions can be done immediately through smartphones from UPI developed by National Payments Corporation of…

Mobile Payments Reaches Near Rs 200 Lakh Crore, UPI Transactions Increase

Mobile Payments Reaches Near Rs 200 Lakh Crore, UPI Transactions Increase

Payments from mobile have increased rapidly in the last few years in the country. In the second half of the previous year, the value of transactions was increased to Rs 198 lakh crore with the use of mobile phones. This is an increase of about 30 percent on a year-on-year basis. It has an increased…