UPI to Account for 90% of Retail Transactions in 5 Years, Says RBI Bulletin
Unified Payments Interface (UPI) transactions could account for 90% of total retail digital transactions over the next five years, up from 75.6% at the end...
Tag : Unified Payments Interface (UPI) transactions
UPI Transactions Hit Record High of Rs 14.3 Trillion In May, Surge in 10 Days
In May, the value and volume of Unified Payments Interface (UPI) transactions hit a new high of Rs 14.3 trillion and Rs 9.41 billion, respectively....
PhonePe Lands Another $100 Million from General Atlantic in Ongoing $1Billion Funding Round
PhonePe has raised an additional $100 million at a $12 billion valuation from General Atlantic and its co-investors, a fresh round of its ongoing $1...
UPI Transactions Hit Record High in April, Touches Rs 14.07 Trillion
Unified Payments Interface (UPI) transactions hit a record high in April, worth Rs 14.07 trillion, with a transaction volume of Rs 8.9 billion. Compared with...
Cred Launches Peer-to-Peer UPI Transactions
Fintech unicorn Cred, which started as a credit card payments platform in 2018, has begun facilitating peer-to-peer Unified Payments Interface (UPI) transactions, the company said...
PhonePe Raises Another $100 Million from Tiger Global, Others at $12 Billion Valuation
Digital payments and financial services unicorn PhonePe has raised $100 million from Tiger Global, Ribbit Capital and TVS Capital as part of its larger ongoing...