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
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Anonymous 2
Stealth • 4m
Did you see the rupay credit card upi system? That is definitely a driving force for the increased transactions. At least for higher ticket purchases.
Do you use a RuPay credit card with UPI?
How often does your credit card bill exceed your expectations?
Are you spending more because of your credit card?
I just want to understand whether this could become another potential debt trap for Indians
Adding UPI to credit card is the ultra pro max definition of making one more poor.
Would you take upi enabled credit card ?
10 replies17 likes
Aryan patil
Stealth • 8m
Did you know that RuPay credit cards offer up to ₹2 lakh in free personal accident insurance coverage, and up to ₹1.50 lakh in lost card insurance coverage.
All RuPay credit cards offer free personal accident insurance and permanent disability cover,
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9 replies12 likes
Gyananjaya Behera
Stealth • 5m
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 apps should include second-party approval for higher-value transactions. Imagine an elderly person adding their son as an approver. The son approves, and the user completes the transaction with their PIN
3 replies4 likes
Laxit Rana
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Repute • 1m
Why Banks are preferring UPI for ATM cash withdrawal instead of traditional Cards
No Physical Card Production: Issuing debit cards costs banks money (around Rs 150-200 per card for production, shipping, and activation). UPI eliminates this by workin
UPI's Credit Revolution
CIBIL is at the forefront of credit scoring in India, but the potential integration of UPI transaction data could dramatically transform how financial worthiness is evaluated. Imagine financial institutions using insights fro
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0 replies8 likes
Laxit Rana
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Repute • 2m
[PART -1 ]UPI is set to phase out debit card, and we will be here witnessing it :-
- UPI is to introduce a new feature "UPI Circle" that allows users to delegate payment authority to family members or friends. So it basically enables primary account
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2 replies9 likes
HK NETWORK
Stealth • 18d
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
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0 replies
Ameya kshirsagar
Stealth • 2m
hello frends this is my first time presenting my Ideas so hope you would guide me and upvote my idea
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