March 28, 2025

UPI transaction

Centre approves ₹1,500 crore incentive for UPI transactions: What is it? Who will benefit? All you need to know | Mint

Centre approves ₹1,500 crore incentive for UPI transactions: What is it? Who will benefit? All you need to know | Mint

TheSpuzz Desk06 mins

Source: Live Mint The Union Cabinet on Wednesday approved the extension of a ₹1,500 crore incentive for the promotion of small-value BHIM-UPI (P2M) transactions. The new move, aimed to benefit common man and small merchants, will be applicable for transactions below ₹2,000. “The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today approved…

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How 16.73 billion UPI transactions killed the ubiquitous toffee business | Mint

How 16.73 billion UPI transactions killed the ubiquitous toffee business | Mint

TheSpuzz Desk03 mins

Source: Live Mint India’s Unified Payments Interface (UPI) transactions rose to 16.73 billion for the month of December 2024, according to data collected from the National Payments Corporation of India (NPCI) website. This rise is killing the nation’s Toffee or candy business. The transactions rose 8 per cent month-on-month (MoM) to its December level, when…

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