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

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

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

📢 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

[PART -1 ]UPI is set to phase out debit card, and we will be here witnessing it :- - UPI is to introduce a new feature "UPI Circle" that allows users to delegate payment authority to family members or friends. So it basically enables primary account

India’s Semiconductor Revolution: From 1% to Industry Leader While the global semiconductor industry stands at $611 billion, India currently holds only ~1%. However, that’s about to change. India has 20% of the global semiconductor design talent an

What do you think about the upcoming generation? I see kids are equipped with mobile phones and they love watching reels and short videos too much. What do you see coming?

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

The invention of the mobile phone began in the 1940s, with early mobile radio systems used by the military and emergency services. In 1973, Motorola’s Martin Cooper made the first mobile phone call using the Motorola DynaTAC, a large and bulky protot

Billion Dollar Idea #1: Launch a quick commerce platform offering alcohol and cigarettes with EMI and "Buy Now, Pay Later" payment options. phir peisa hi peisa hoga