UPI, established by the National Payments Corporation of India (NPCI) in 2016, is the dominant payment platform in India, processing over 75% of the country's retail digital payments.
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Mahendra Lochhab
Content creator • 9m
As of January 2024, the Unified Payments Interface (UPI) had over 452 million active users in India.
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Mahendra Lochhab
Content creator • 12m
The Reserve Bank of India (RBI) and NPCI International Payments (NIPL) plan to extend the Unified Payments Interface (UPI) to 20 countries by the FY29.
Indian Banks Are Shutting Down ATM Machines Because of UPI and Digital Payments
4000 ATM Machines Closed in Last 1 Year
Cash Circulation in India is Still At All Time Record High of Over ₹34.70 Lakh Crore
India Has Only 15 ATMs For 1 Lakh People
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shailesh kumar
Hey I am on Medial • 3m
my plane in online digital magazine but I have a some tust so please give me reply
I am at Nagpur for few days, came from Mumbai. Surprised to see many auto drivers asking for cash instead of UPI.
HP Gas Agency also asked for cash.
Same goes for few vegetable vendors too.
Is this common at tier 2 cities?
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Md nasiruddin gain
Invester • 1m
is there any App like people can give money via upi and we take extra money. and give them cash. I am a shop woner and people come to give 100/200/1000 upi they need cash. and also they want to give me extra money. is there any business can we do or
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Rishi Chavan
Ignoramus • 10m
I wonder what happens to the cash we give to the delivery executive on cash on delivery orders, do they hand over the exact cash to the superiors or they keep it with them and transfer money online, does some amount of Chalugiri happen in this?
💳📲 What do you think will happen if Stripe integrates with UPI? Will it revolutionize online payments or bring new challenges? Share your thoughts and predictions in the comments!