Unified Payments Interface transactions in India dropped marginally to 13.89 billion in June 2024 from 14.27 billion in May 2024. The drop is minor, and on its exponential growth over

Customers may make round-the-clock payments instantaneously using a Virtual Payment Address (VPA) they generate utilizing the Unified Payments Interface (UPI), a mobile-based rapid payment system in India.

Gupshup, a conversational interaction platform, has provided UPI payments for feature phone users through a native app called GSPay. The software, created in collaboration with the National Payments Corporation of

According to a report titled “2023 Global Payments Report” from global financial technology leader FIS, as unified payments interface (UPI)-based transactions continue to shatter all records, India’s ecommerce market is

On-device wallets can be used to conduct small transactions up to Rs 200 when UPI Lite is enabled on the BHIM App. A maximum of Rs 2000 can be added

According to the report, UPI’s payment to merchant (P2M) transactions accounted for 64 per cent in volume and 50 percent in terms of the value of the total 9.36 billion

PhonePe, and Paytm. In the month of February 2021, the National Payments Corporation of India (NPCI) recorded the total Unified Payments Interface (UPI) transactions in India at 2.29 billion as compared to 2.30 billion in January.

What is PhonePe? PhonePe is an Indian digital payment and monetary innovation organization settled in Bengaluru, Karnataka, India. PhonePe was established in December 2015, by Sameer Nigam, Rahul Chari and