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UPI TRANSACTION VOLUMES
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.
UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
Listed digital payment majors finally turn a corner in FY26Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...
Pine Labs Q4FY26: revenue up 17% to Rs 700 crore, net profit at Rs 59 crorePine Labs was listed in November 2025. Sharing details about its IPO proceeds, Pine Labs said that the company had raised Rs 2,080 crore in...
Pine Labs Q4 Results: Co turns to black, logs Rs 59 crore profit on 17% revenue jumpPine Labs Q4 Results: Payments solutions provider Pine Labs turned profitable in the March-ended quarter, posting a consolidated net profit...
Smartphone volumes may dip 5-7% in FY27; industry value to grow 8-10% amid higher device costs: ICEAIndia's smartphone market faces a volume drop of 5-7 percent this financial year. However, value is expected to rise 8-10 percent due to in...
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
BHIM Payments App sees 300% growth in FY26 driven by cashbacks and user trustBHIM Payments App saw a significant 300% growth in FY26. Monthly transactions surged to 21.6 crore in March 2026. Cashback offers are a key...
BHIM Payments App records 300% surge in FY26 transactionsBHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases lik...
UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versa...
Credit card transactions jump 2.6 times in four years: RBI reportCredit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Deb...