Digital payments made on UPI platforms and wallets increased to almost 3.25 billion in July as against 1.5 billion in the year ago period
The concept of soundwave payments is rich and much-needed in our country where most people lack financial literacy
One can easily enable and disable the UPI access multiple times as per the need via both internet banking and mobile banking
PhonePe is the market leader in the market that has about a dozen apps such as Paytm, BHIM app, MobiKwik, Google Tez, Chillr, Paytm Payments Bank, SBI
Closing FY 2020-21 on a high, UPI registered this valuation across 2.73 billion transactions in March after a marginal dip in February