Feed Post

UPI has reported 16.5 billion transactions for October 2024, worth Rs 23.5 lakh crore. HUGE GROWTH!

Anonymous

Anonymous 1

Stealth • 4d

This explosive growth in UPI transactions shows how rapidly digital payments are becoming integral to our economy. More power to us 🙌🏻

0 replies

More like this

Recommendations from Medial

Image Description

Mahendra Lochhab

Stealth • 2m

UPI payments in Nepal surpass 1,00,000 person-to-merchant (P2M) transactions in less than six months

1 replies3 likes
Image Description
Image Description

Vedant SD

Stealth • 25d

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

See More
7 replies9 likes
1
Image Description

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

See More
3 replies6 likes
1
Image Description
Image Description

Vinayak Shivanagutti

Stealth • 6m

Case Study: PhonePe – India's UPI Leader Founded in 2015, PhonePe dominates India's digital payments landscape. Stats: Users: 350M+ registered Market Share: 40%+ of UPI transactions Business Model: Transactions, financial services, advertising. R

See More
16 replies47 likes
10
Image Description
Image Description

Arcane

Stealth • 4m

ONE INTERESTING OBSERVATION SERIES DAY #2 With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case

See More
10 replies10 likes
Image Description

Vivek Sharma

Stealth • 1m

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

See More
1 replies3 likes

HK NETWORK

Stealth • 2d

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

See More
0 replies
Anonymous
Image Description

🔵 The Global Decline of Cash: Opportunities for Fintech Startups ➡️ Recent data from WorldPay’s Global Payments Report 2024 reveals a significant shift in global payment trends, with cash transactions declining rapidly worldwide. This trend present

See More
1 replies3 likes
Image Description
Image Description

Arcane

Stealth • 2m

India's Urban Payment Landscape (Kearney India and Amazon Pay analysis) 🔹Cash is still largely used for transactions of smaller value. On the other side, 68% of Total Digital payments come from UPI 🔹New payment methods such as BNPL are known to a

See More
8 replies6 likes
1
Image Description
Image Description

Vighnesh Battu

Stealth • 5m

With the launch of UPI, making payments has become much easier, allowing us to pay conveniently wherever we go. However, this convenience often leads to overspending. To address this issue, we need an app that tracks all our transactions. Do we need

See More
5 replies6 likes

Download the medial app to read full posts, comements and news.