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 • 7m
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 • 11m
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,
Many people want to make big purchases online but don't have a credit card. At the same time, some credit card holders have unused credit limits. ConnectCred solves this problem by allowing shoppers to make purchases through a service that connects t
NPCI, the name behind UPI & RuPay, plans to take its brand recognition to new heights in 2025! 🚀
Key updates:
📍 Big push for rural UPI adoption with Pankaj Tripathi as ambassador
💳 RuPay gears up to challenge global giants
📺 IPL sponsorship & di
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1 replies6 likes
Gyananjaya Behera
Stealth • 9m
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
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7 replies2 likes
Varun D R
Stealth • 8m
📢 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 • 5m
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
