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A recent survey conducted by LocalCircles found that 75% of India’s UPI users may discontinue using the platform if transaction fees are introduced. This highlights the immense sensitivity of consumers towards any potential charges on a service that has revolutionized digital payments in the country. As UPI continues to dominate as a convenient, fee-free payment method, the survey underscores the potential risk of losing a significant user base if additional costs are imposed, creating ripple effects across India’s digital economy. Source: Firstpost
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According to the World Economic Forum’s Chief Economists Outlook report, India is projected to be the primary driver of global economic growth in 2025 and 2026. This recognition underscores India’s robust economic trajectory and its growing influence
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🚀#1: India’s Own Social Media – A Vision by Bhavish Aggarwal (Co-Founder & CEO, Ola) Series: “Ideas from India’s Top Founders” >⚡ “India needs a social media platform built on its own Digital Public Infrastructure (DPI). This would give users full
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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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The Rise of Digital Payments in India India's digital payments landscape has witnessed a remarkable transformation in recent years, driven by government initiatives, technological advancements, and changing consumer behavior. The country's large popu
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The occasional payment failures happening in UPI nowadays due to server issues need a long-term solution. Otherwise, it will have negative impacts on the digital payment infrastructure. In today's time, many businesses have become dependent on UPI.
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