Tag: UPI transactions

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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...