If PhonePe and Google Pay reduce providing incentives, it could result in the share of merchant payments shooting up
After a dismal performance in April and May, UPI transactions have reported a record leap in both volume and value
Google Pay has now added debit cards by SBI, IndusInd Bank, and Federal Bank and credit cards by IndusInd Bank and HSBC India to its slate
Reserve Bank of India has made mobile wallet interoperability mandatory
According to NPCI data, the growth in UPI transactions has taken a short break in April owning to the pandemic and the general sluggishness at the sta
This is the first time since April 2020 that UPI transaction figures have gone down
Tier-II and tier-III cities contributed 50% of total transaction, said the report
On the mobile app, you get information about all types of loans associated with Kotak Mahindra Bank and the facility to repay them
Technology has played an indispensable role in the transformation of the financial sector
City Union Bank has already enabled its ATMs for this service while some other banks are in preparing to launch it