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November 2nd, 2022 12:47 AM 0 COMMENTS

Rise in UPI Transactions During Online Purchases

A study found that more millennials (84%) are now using UPI while shopping online, and over 76% of Indians now prefer using UPI (unified payments interface) during online checkouts. According to new research from financial services technology supplier FIS, Indians are eager to explore and make purchases via applications and browsers as well as from social media platforms as the physical, digital, and virtual worlds merge. Details About the Enhanced... Read More

January 29th, 2021 5:41 PM 0 COMMENTS

UPI Transactions Became a Hit in India Amid Pandemic

Unified Payments Interface (UPI) system became a very essential part of most peoples lives during 2020. As the economy pushed towards being cashless to support social distancing, the role of UPI apps grew multiple-fold. Things such as paying bills to purchasing subscriptions, people relied on UPI apps for completing the transactions. As per a PTI report, President Ram Nath Kovind said that in the last month of 2020, Indians transacted... Read More

August 3rd, 2020 10:50 AM 10 COMMENTS

UPI Transactions in India to Undergo Major Changes Soon, What You Should Know

Unified Payments Interface (UPI) has made it very easy for people to transact money with each other. Be it for personal transactions or business transactions, it can be done instantly and without any extra cost. UPI is regulated and governed by the National Payments Corporation of India (NCPI). The regulatory body has made an announcement for a change that will soon come to the UPI apps. The announcement has come... Read More

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