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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

Indian Banks Are Shutting Down ATM Machines Because of UPI and Digital Payments 4000 ATM Machines Closed in Last 1 Year Cash Circulation in India is Still At All Time Record High of Over ₹34.70 Lakh Crore India Has Only 15 ATMs For 1 Lakh People

UPI Statistics for December 2024: Total Transactions: December 2024 mein, UPI ne over 10 billion transactions process kiye, jo pehle ke months ke comparison mein kaafi zyada tha. Transaction Value: UPI transactions ki total value ₹15 lakh crore (app

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

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

KSRTC ROLLS OUT QR CODE TICKET payment system in all buses Launched on November 6 this year, the system was extended to all 8,941 buses in the Karnataka State Road Transport Corporation’s (KSRTC) fleet by November 18. The initiative has achieved co

🔍 Inside Ankur Warikoo's 2024 Money Machine Ever wondered how a content creator turned entrepreneur really makes money? Let's break down how @warikoo built a ₹16.84 crore empire in 2024 while staying true to his values. The surprising part? His bigg

Income of Cult.fit Crosses Rs 1,000 Crore in FY24 Fitness technology company Cult.fit has achieved a major point in FY24. The company achieved a total income of over Rs 1,000 crore consistently to depict the growth trend. This major accomplishment i

💡 Day 1 of 25Days of Product with Abhishek Exploring the Untapped Potential of Catering Services in India The Indian catering market exceeds ₹1 lakh crore annually, growing at 10–12% CAGR. From weddings (₹50,000–₹75,000 crore) to corporate events (

PhonePe is set to launch its IPO, showcasing impressive revenue growth of 74% year-on-year, reaching INR 5,064 crore in FY24. With a 50% market share in India's UPI transactions, it faces competition from Google Pay and Paytm. While the company's lea