RBI report reveals UPI's dominance in India's digital payment surge, with transactions growing 38 times in volume over a ...
A recent Reserve Bank of India report highlights the dominance of digital payments in the Indian financial landscape, with ...
UPI led India’s retail payments in 2024 with 17,221 crore transactions worth ₹246.8 lakh crore, accounting for nearly 85% of ...
State Bank of India (SBI) and Bank of Baroda (BoB) are leading the creation of a digital payments intelligence platform, aimed at detecting and preventing bank fraud in real time.
Unified Payments Interface (UPI) continues to dominate the digital ecosystem, accounting for 85 per cent of transactions by ...
The governor’s remarks highlight India’s dual role – a practitioner of inclusive digital transformation as well as a ...
India's transition to a digital payment powerhouse has been remarkable, driven by the success of platforms like UPI, mobile wallets, and the e-commerce boom. Yet, the journey is far from over.
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The mode of payment in India is rapidly changing. According to data from the first half of 2025, 99.8% of total payment transactions were made digitally. This means that almost all payments are now ...
Speaking at a high-level dialogue titled “Forging Economic Resilience through Digital Public Platforms”, the RBI governor ...