The FinTech Hub
Source: Business Standard The questions regarding transaction fee on UPI received 15,598 responses (Photo: Shutterstock) 2 min read Last Updated : Sep 22 2024 | 12:08 PM IST Around 75 per cent UPI users will stop using it if any transaction charge is levied on the service, a survey by Localcircles said on Sunday….
Source: Business Standard 2 min read Last Updated : Sep 16 2024 | 1:55 PM IST A new feature called UPI Interoperable Cash Deposit (UPI-ICD) is changing the way you deposit cash at ATMs. This innovative service allows you to deposit cash into your bank account using any UPI app, eliminating the need for…
Source: Live Mint With a string of Initial Public Offerings (IPO) being made by companies across sectors, investors are practically spoilt for choice. With the IPOs of Baazar Style Retail, PN Gadgil Jewellers and Bajaj Housing Finance IPOs just concluded, there are many more IPOs lined up in the near future. In August alone, 17…
Source: Live Mint If you are using UPI Lite for small-value transactions, then there is good news for you. Starting October 31, you will be able to use auto top-up option for reloading the amount of your choice in your UPI Lite account. By issuing a circular dated August 27, the National Payments Corporation of…
Source: Business Standard It processes transaction values of about Rs 100-200 crore every month. Credit cards on UPI record about Rs 10,000 crore a month. 2 min read Last Updated : Aug 22 2024 | 3:46 PM IST Fintech major PhonePe on Thursday announced the launch of a credit line on the Unified Payments…
Source: Live Mint (ANI)- India’s digital payments industry is witnessing a huge surge, with transaction volumes growing by 42 per cent year-on-year (YoY) in FY 2023-24, according to a new report by PwC. The report projects that the industry will experience threefold growth, with transaction volumes set to rise from 159 billion in FY 2023-24…
Source: Business Standard 2 min read Last Updated : Sep 06 2024 | 8:43 PM IST Eying benefits from digital banking, banks are now looking at building Unified Recovery Interface (UPI) for enhancing efficiency, reducing costs and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company…
