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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!!
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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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ZeroBizzย โขย 3m
UPI Transaction Trends โ May 2025 Update! Indiaโs digital payment ecosystem continues to thrive, with UPI transactions hitting new milestones! Hereโs the breakdown for May 2025: Top Performers by Volume & Value: PhonePe: Dominated with 8,682M t
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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? ๐ฌ Bitcoin is commonly used on the dark web due to its pseudonymous nature, all
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Hi Medial fam Any playbook/podcast/digital resource which could help a founder while building a professional networking platform. How to seed content or deal with the cold-start problem of a platform. I'm building Lemmino an AI platform of communi
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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
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Noida-based IndiaMART, which is India's largest B2B marketplace, recently announced its financial results for the first quarter ending June 30, 2024. The company reported consolidated revenue from operations of Rs 331 crore, marking a 17% increase f
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