Back

mg

mysterious guy • 4m

IPL Betting Surge Puts Pressure on Indian Banks as UPI Transactions Skyrocket to Trillions

2 Replies
16
Replies (2)

More like this

Recommendations from Medial

Image Description

mg

mysterious guy • 4m

UPI Transactions were down 3 times in a week and the reason is high transaction due to IPL, Basically people started using apps like dream 11 and other betting apps. I mean, its easy to beat 90% of people out there as they’re anyway losing it all.

1 Reply
14
Image Description
Image Description

Laxit Rana

 • 

Repute • 11m

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

See More
6 Replies
3
12
Image Description
Image Description

Mridul Das

Introvert! • 4m

Is UPI📱 good for our finances? No, UPI can actually be harmful for managing personal finances. Here's how: 🔹 When you're using UPI, money just feels like a number—you simply scan and pay. You end up spending almost carelessly, without really reali

See More
3 Replies
4
Image Description
Image Description

Arcane

Hey, I'm on Medial • 1y

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 Replies
10
Image Description
Image Description

Samanth Shetty

Building Nestsure • 17d

This is gonna be revolutionary for Indian consumer's, Now ChatGPT offers pricing in INR and can pay through Indian payment modes. Mainly such as UPI

6 Replies
1
9
2
Image Description

Rohan Saha

Founder - Burn Inves... • 1m

Indian banks had a strong run in FY25 with profits touching new highs public sector banks made over 1.78 lakh crore in profits and SBI alone made up nearly 40% of that. But things are starting to slow down loan growth was the weakest in four years a

See More
Reply
5
1

Sarun George Sunny

The Way I See It • 16d

The National Payments Corporation of India (NPCI) is developing UPI 3.0, an upgrade to its UPI that will enable payments through smart devices. The new system will be Internet of Things (loT) -enabled, allowing automated transactions via devices such

See More
Reply
4
Image Description
Image Description

Varun D R

Senior Product Manag... • 1y

📢 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

3 Replies
4
Image Description

Account Deleted

Hey I am on Medial • 7m

NPCI, the name behind UPI & RuPay, plans to take its brand recognition to new heights in 2025! 🚀 Key updates: 📍 Big push for rural UPI adoption with Pankaj Tripathi as ambassador 💳 RuPay gears up to challenge global giants 📺 IPL sponsorship & di

See More
1 Reply
6
Image Description
Image Description

Account Deleted

Hey I am on Medial • 6m

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

See More
9 Replies
1
16

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