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

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

🚀 Should India Start Charging Fees for High-Value UPI Transactions? UPI is a world-class digital payments system — fast, free, and inclusive. But there's a hidden cost: 💸 Infra cost of ₹0.10–₹0.30 per transaction 🏦 Over ₹1,000 crore/month just t

Dear business🔊 please note your tax audit applicability ➡️Every business, including private limited companies, individuals, and partnership firms (excluding those opting for the presumptive taxation scheme), is subject to a tax audit ifTotal sale

🚨🔥 In FY24, - Zara India made Rs 2769 crore - Westside made Rs 4950 crore - Zudio made Rs 7000 crore Zara's AOV: Rs 4k to 4.5k Westside's AOV: Rs 1.5k to 2k Zudio's AOV: Rs 500 to 1k AOV ( AVERAGE ORDER VALUE)

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

🇮🇳 India Leads the World in Digital Payments! 💥 In FY25, UPI (Unified Payments Interface) recorded a staggering ➡️ 185.8 billion transactions ➡️ Accounting for 83.4% of the total digital payment volume This isn’t just a metro-city story — it’s h

The Reserve Bank of India (RBI) has announced that it will soon revise the transaction limits for Unified Payments Interface (UPI) payments made to merchants, also known as person-to-merchant (P2M) transactions. This move is aimed at enhancing the ef

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

Jio Financial to acquire SBI stake in Jio Payments Bank for Rs 104.5 crore.