ONE INTERESTING OBSERVATION SERIES
DAY #2
With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case
Frequency of transactions and rising popularity are the drivers.
Ease of creation of Fake UPI IDs, lack of strong authentication and awareness are some reasons.
0 replies
More like this
Recommendations from Medial
Gyananjaya Behera
Stealth • 8m
UPI Transactions Jump 5% MoM In May To 1,404 Cr
Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore.
Yearly Growth: Year-on-year, transaction count surged
UPI Statistics for December 2024:
Total Transactions: December 2024 mein, UPI ne over 10 billion transactions process kiye, jo pehle ke months ke comparison mein kaafi zyada tha.
Transaction Value: UPI transactions ki total value ₹15 lakh crore (app
See More
7 replies2 likes
Manvendra Kumar Singh
Stealth • 8m
I am currently developing a Dating App where users cannot create Id with fake info , zero fake IDs with zero fake images , and apart from that the whole process of dating will be a little gamified so what do you think I should focus on adding in my
See More
11 replies14 likes
Arcane
Stealth • 7m
ONE INTERESTING OBSERVATION SERIES
DAY #2
With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case
See More
10 replies10 likes
Vinayak Shivanagutti
Stealth • 9m
Case Study: PhonePe – India's UPI Leader
Founded in 2015, PhonePe dominates India's digital payments landscape.
Stats:
Users: 350M+ registered
Market Share: 40%+ of UPI transactions
Business Model: Transactions, financial services, advertising.
R
ONE INTERESTING OBSERVATION SERIES
DAY #17
Let me tell you something interesting about Rupay, our domestic payment network that's competing with Visa and MasterCard.
The volume of transactions processed through it has been declining for 24 months
See More
9 replies8 likes
HK NETWORK
Stealth • 3m
HDFC Bank Announces UPI Service Downtime for System Maintenance in November
HDFC Bank has notified its customers about scheduled downtime for its UPI service in November due to essential system maintenance. UPI transactions through HDFC Bank accou
See More
0 replies
VCGuy
Stealth • 7m
A few days ago, Flipkart introduced its new UPI service, Supermoney.
⏮️The interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires
The Rise of Electric Vehicles in India
India's EV market is witnessing rapid growth, driven by government incentives, rising consumer awareness, and technological advancements. The country's vast population and growing middle class present a signif
