Tag: UPI
UPI Embraces AI Innovation and Accelerates Offline Payments Adoption
The Unified Payments Interface (UPI) has simplified payment processes, but the ongoing effort to streamline procedures continues. Currently, transactions involve scanning QR codes, clicking,...
Digital Payments Surge in India: RBI Index Shows Impressive Growth in FY23
In the financial year 2022-2023 (FY23), digital payments experienced remarkable growth, as indicated by data from the Reserve Bank of India (RBI) index for...
UPI Expands Horizons: Sri Lanka Embraces Fintech Revolution as PM Modi Paves the Way
Prime Minister Narendra Modi and Sri Lanka President Ranil Wickremesinghe signed a significant agreement during the latter's two-day visit to India, enabling the acceptance...
Razorpay Introduces Turbo UPI: Revolutionizing the Speed of Payments
Razorpay, one of India's leading payment gateway providers, has unveiled an innovative feature called Turbo UPI, aiming to revolutionize the way users make UPI...
Indian cash transactions will soon be surpassed by digital ones
Narendra Modi reiterated his belief that cash will soon be replaced by digital transactions as the country's preferred payment method, the UPI, gains popularity....
Google is testing its own “soundbox” in India for audio-based payment alerts for merchants
In India, where the point of sale activity can get busy and voice notifications from the soundbox help alert multitasking shopkeepers and assistants to...
Paytm to be most profitable after new UPI scheme!
According to brokerage firm Morgan Stanley, India's UPI incentive program will mostly benefit Paytm, the country's largest provider of digital payments and banking services. As...
Indian Prime Minister hailed the country’s digital payments Innovations
On Friday, Prime Minister Narendra Modi claimed that digital payments had achieved record highs and that the nation's inventions in this area, such the...
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