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UPI transactions at ICICI Bank increased by 161% YoY to 371 million transactions in the quarter ended March 31, 2020. UPI transactions grew 12.7%...
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UPI transactions at ICICI Bank increased by 161% YoY to 371 million transactions in the quarter ended March 31, 2020. UPI transactions grew 12.7%...
by Asheeta Regidi The RBI’s new guidelines on Payment Aggregators (PAs) and Payment Gateways (PGs) are welcome in several ways. Serving as ‘Regulation 2.0’...
The National Payments Corporation of India will set up a tier IV data centre in Chennai, the consortium of banks announced on May 20....
We missed this earlier. Card-not-present spend, which include online transactions and payments without a physical card, now account for over 50% of MasterCard’s switched...
PayPal hit a record 140% surge in net new active users in April from Jan & Feb levels, adding 250,000 new accounts per day....
With the coronavirus crisis and lockdown, transactions numbers on the Bharat Interface for Money (BHIM) UPI app fell 34.5% to 11.17 million in April...
Visa’s tap-to-pay transactions increased 40% YoY in Q2, while 60% of all its face-to-face transactions (excluding the US) were tap-to-pay. More than 50 markets...
The coronavirus crisis and lockdown led to UPI payments volume declining sharply by 19.8% in April 2020 over the previous month, and slumping to...
As of April 10, the government has transferred Rs 28,256 crore in financial assistance to 31.77 crore people under Pradhan Mantri Garib Kalyan Package for...
The volume of Unified Payment Interface (UPI) payments declined 5.8% in March 2020 over the previous month, but surpassed the 1 billion mark anyway, according...
