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News & updates • 7d

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

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mg

News & updates • 7d

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.

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Laxit Rana

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Repute • 6m

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

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Mridul Das

Introvert! • 13h

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

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Arcane

Hey, I'm on Medial • 10m

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

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10 replies10 likes
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Varun D R

Senior Product Manag... • 10m

📢 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 replies4 likes
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Chamarti Sreekar

Passionate about Pos... • 1m

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

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Anonymous
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🚨 Indians in Qatar now can be able to make payments via UPI as NIPL has signed an agreement with QNB. X - Indian tech guide

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Chamarti Sreekar

Passionate about Pos... • 2m

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

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1 replies6 likes
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BigLoot IN

BigLoot.in - Where S... • 5m

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

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HK NETWORK

Hey I am on Medial • 5m

HDFC Bank Announces UPI Service Downtime for System Maintenance in November HDFC Bank has notified its customers about scheduled downtime for its UPI service in November due to essential system maintenance. UPI transactions through HDFC Bank accou

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