Hey, I'm on Medial • 1y
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 straight. From June 2022 to June 2024, the number of transactions fell by over a third. Sounds concerning, but nothing surprising right? Here's the other side of the picture. The value of transactions processed is rising! June saw a 17% growth, the 5th consecutive month of double-digit growth. Volume down, value up! What could be the reason behind this? Lemmino!!
Helping an Idea to S... • 1y
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
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Do you think Bitcoin will continue to outpace traditional payment systems like Visa and Mastercard in transaction value? What does this mean for the future of finance? 💬 Bitcoin is commonly used on the dark web due to its pseudonymous nature, all
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