The Unified Payment Interface (UPI) saw an increase of 11.7% in the total transaction volumes taking place between July 2019 and August 2019, according to data published by the National Payments Corporation of India (NPCI). Amount transacted slightly grew between July and August 2019. NPCI is a private company owned by Indian banks and owns and operates important payments systems such as UPI and IMPS. The total number of transactions in August 2019 was around 2.9 times higher than in the same month last year. The amount transacted went up marginally to Rs 154,504.9 crores over July. The amount transacted in August 2019 was 2.8 times higher than in August 2018. However, given the limited impact of seasonality on digital payments, and the fact that this is pipped to be a high growths sector, month-on-month data needs to be looked…
- PrivacyNama 2022 Workshop: Privacy Preserving Advertising; October 11 October 7, 2022
- IRDAI Approves ‘Amazon-like’ Intermediary For Selling Insurance Products: Benefits and Concerns October 7, 2022
- Will Google offer its free VPN service on Pixel phones in India? October 7, 2022
- Tesla CEO Elon Musk will buy Twitter for $44 billion after all October 6, 2022
- Jio and Airtel showcase their surveillance systems at the India Mobile Congress 2022 October 6, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...