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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

🚀 UPI hits historic highs in January 2025! PhonePe leads with 48.4%, Google Pay follows at 36.9%, and Paytm holds 6.9%. 📊 Over 16.99 billion transactions worth ₹23.48 lakh crore — marking the highest figures recorded in any single month since UPI's

Hi Guys, Did anyone work with Payment Aggregators like JusPay, Decentro etc.. What are their charges for UPI Payments, Credit Card, Debit Card and NetBanking transactions. I am looking for a PaymeyGateway Aggregator for SaaS product where each cl

Days ago I posted this viral theory on how UPI going down thrice in a week - 26 & 31 March and 2 April - was most likely a staged drama! 🙏🙏 Following a kind update from supergood NPCI folks about how technical failures caused the outages, I decide

🚀 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

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

Pazy secure 6cr funding pazy is a Bengaluru-based fintech startup offering an integrated business-payments platform for finance teams. Founded in 2023, they just raised ₹6 crore in pre-seed funding led by Inuka Capital and Gemba Capital. The funds w

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

UPI on Credit? PhonePe’s Boldest Bet Yet In partnership with HDFC Bank and NPCI, the card is powered by Rupay and allows UPI payments through credit. NPCI had enabled this back in 2022, but PhonePe had to wait almost ten months to get RBI approval.