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
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Rishu
ย โขย
Medialย โขย 7m
But do you think debit cards completely dying off would be a good thing? Banks will do whatever to increase margins.
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
There are abundance of lending Banks and NBFacs out there but do you think we need a proper debt collection platform which would be customer centric?
In last 5 years, the banks has written off $129B bad debt. Do you think there must be a proper chan
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6 replies4 likes
Vatan Pandey
๐ Founder & CEO at ...ย โขย 1m
If you had the chance to restart your business or career, whatโs one thing you would do completely differently? ๐ Would it be a big risk or a smart strategy? Share your experience! ๐
What is the most difficult thing one would do to get things done ?
3 replies3 likes
Chamarti Sreekar
Passionate about Pos...ย โขย 2m
Google Pay now charges 0.5% to 1% (plus GST) for bill payments made via credit and debit cards, while UPI bank transfers remain free. Competitors like PhonePe and Paytm also charge similar fees.
Fintech firms face high UPI processing costs, totaling
Ever wondered if your credit or debit card could do more than just payments?
Hi, Iโm Harshal, founder of CarbonCraft. My journey started with a simple thought: Why are our cards stuck in the past when everything else has leveled up in style and func
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3 replies
Karthick
...ย โขย 3m
Here are my 2 ad campaigns and there results, i thought do a meme campaign would help me to differentiate from others whose just give offers like 30% off and more. But I got a reality check that every thing which works on post doesn't work in advance
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0 replies7 likes
Pinkesh Mourya
Hey I am on Medialย โขย 9m
Hey checkout revisar is an interesting edtech thing i have never thinked off interesstingly this person's surname is mourya same as mine
Do checkout
https://medial.app/idea/revisar-7d874459329d4
0 replies6 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 10m
Imagine a bank hiring 500 people, and laying off way more than that next year ๐๐
Itโs very very uncommon. And yet here we are!
..
What has happened?
-> YES BANK has laid off about 500 people with a three-month severance pay, and more layoffs mi
Do you know that according to industry estimates, processing UPI transactions costs stakeholders approximately 0.25% of the transaction value. In FY24 alone, these costs amounted to nearly Rs 12,000 crore, with Rs 4,000 crore incurred for transactio