Tag: UPI transactions

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RBIH: RBIH looks to tap Rapido, Swiggy, Amul data for UPI-like lending platform, says CEO Rajesh Bansal

Reserve Bank Innovation Hub, or RBIH, has approached several data-rich aggregators including Namma Yatri, Rapido, Swiggy and Zomato along with farmers’ collectives such...

Mobikwik IPO: Decoding Mobikwik’s surprising IPO process performance

Gurugram-based fintech startup Mobikwik’s IPO book building process closed today with subscription to its shares at almost 120 times of the allocation.Data from...

UPI transactions: UPI reigns supreme in digital payments kingdom

Unified Payments Interface (UPI) surpassed 10 billion merchant transactions in October, recording a 53% year-on-year surge at the peak of the festive season...

UPI transactions: This festival of lights, UPI lit the biggest fireworks

It was not just the lights and fireworks that went big on Diwali night this year, the country's digital payment highway-Unified Payment Interface...

UPI transactions: UPI hits 16 billion transactions in October setting new record aided by festive spends

Riding festive season highs, Unified Payments Interface (UPI) reported 16.58 billion transactions in October 2024, up 45% year-on-year, data from the National Payments...

Amazon Pay: Amazon Pay reports Rs 2,286 crore revenue for FY24, cuts losses by 39%

Amazon Pay, the digital payments arm of ecommerce giant Amazon, has reported a 9.22% increase in operating revenue to Rs 2,286 crore for...

Digital payments show strong uptick buoyed by wider adoption of credit during festive season

Usage of credit cards and credit-based payment instruments like pay-later products showed a robust increase during this year’s festive season sales, according to...