Search result for 'p2m transactions'

India's UPI transactions surged 42% YoY to 93.23 billion in H2 2024, driven by PhonePe, Google Pay, and Paytm. The report highlights the rapid growth of digital payments in India.

The Payments Council of India requests the government to reconsider the Zero MDR policy for UPI and RuPay debit cards, highlighting concerns about the sustainability of the digital payments ecosystem.

The Indian government approves a Rs 1,500 crore incentive scheme to encourage low-value UPI transactions below Rs 2,000 for 2024-25, covering MDR expenses for small merchants.

UPI transactions in January surpassed 16.99 billion, marking a new record. The value of transactions also exceeded Rs 23.48 lakh crore, highlighting the continued growth of India's digital payments...

MobiKwik becomes the first digital wallet to launch a full version of India's e-rupee, enabling users to send and receive funds via UPI. The CBDC wallet is now available to all Android users.

NPCI International to develop a real-time payments platform similar to India's UPI in Trinidad & Tobago, marking a significant milestone in digital payments for the Caribbean nation.

The Reserve Bank of India (RBI) will soon introduce offline transactions for its digital rupee, enabling access even in areas with limited internet connectivity. The move comes as part of the...