What is UPI Lite? An easy-to-use offline digital payment service; MintGenie explains

UPI lite is a user-friendly platform that will enable customers to use digital payments without availability of internet

RBI proposes UPI linking of RuPay credit cards

Currently, UPI allows transactions by linking savings or current accounts using customers’ debit cards.&nbsp;

Soon you won't require a debit card to withdraw cash from an ATM

NPCI told to facilitate UPI integration with banks, ATM networks

At  <span class='webrupee'>₹</span>9.83 trillion, UPI transactions set a new record in April

In March, UPI breached 5-billion transactions in a month for the first time, while last month the number was 5.58 billon

Top 10 countries globally by number of real-time payment transactions

India retains the top spot with 25.5bn real-time payments transactions, followed by China with 15.7bn transactions; South Korea is in 3rd place with 6.0bn, Thailand 4th with 5.2bn and UK is in 5th place with 2.8bn

Crypto exchanges see massive fall in trading volumes after UPI payments halted

The trading volumes of crypto bourses saw a considerable decline since the start of this financial year

WhatsApp can offer UPI service to 10 crore: Report

In November last year, the NPCI allowed WhatsApp Pay to double its user base from the earlier cap of 2 crore.

SEBI permits retail investors to use UPI for public issues for up to  <span class='webrupee'>₹</span>5 lakh

The new rules will be effective for public issues after May 1, 2022, Sebi said in a circular

Fintech vs Banks: Who's winning the digital cash war?

In India fintechs have dominated digital payments with privately owned fintechs leading the creation of the market for digital payments and driving its rapid growth and increase in financial inclusion. Let us explore more on the distinction between the two.

Indian economy’s magnificent transformation, Thanks to UPI

The Unified Payments Interface (UPI) has been a benefit to Indian customers. It has simplified transactions by making instant payments available 24 hours a day, seven days a week. Let's take a closer look at it in the following article.

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personal finance

What is UPI Lite? An easy-to-use offline digital payment service

personal finance

personal finance

personal finance