UPI dominates India's digital payments, reaching 84% of transactions in FY24. Its growth fuels financial inclusion and cross-border payments.

According to a report by fintech consulting and advisory firm The Digital Fifth, UPI is more than just a payment system—it serves as a comprehensive financial ecosystem driving India's digital-first ...

Mangaluru: The Mangaluru City Corporation (MCC) initiated a digital payment system on Thursday for collecting rent from ...

The Bengaluru-based digital payments startup bagged the funding from stock market veteran Ravi Dharamshis PE fund ValueQuest ...

In contrast, share of other payment systems like RTGS ... been the most significant contributor to the growth of digital payments in India due to its usefulness and ease of use, the report ...

As financial institutions continue to modernize, balancing regulatory demands with technological advancements will remain key to ensuring efficient, secure, and scalable payment ecosystems in an ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

Super wallets utilize India's DPI by integrating Aadhaar-based ID, facilitating real-time bank transactions by UPI, and ...

In this modern era, as financial institutions navigate the complexities of digital transformation, API-led payment systems ...

With 1.4 billion people adopting digital, India has moved from being a follower of global trends to a trendsetter in financial innovation and inclusion.

The Employees’ Provident Fund Organisation (EPFO) is planning to introduce Unified Payments Interface (UPI)-based withdrawals ...