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UPI TRANSACTIONS AUGUST 2023
Healthy consumption: GST collections surge to Rs 2 lakh crore, car sales jump 36%India's economic indicators showed resilience and growth in August. Goods and services tax collections rose 14.8 percent to ₹2 lakh crore. ...- UpGrad completes Unacademy acquisition; Ultrahuman’s $60 million raiseUpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in India’s edtech sector. This and more in to...
- UPI transaction volumes hit record high in August, cross 24.5 billionData released by the National Payments Corporation of India (NPCI) showed transaction volumes rose 3.6% from 23.66 billion in July, while t...
- India preparing rollout of agentic payments on UPIWhile leading payment companies have launched such frameworks in the U.S., Europe, Singapore and Australia, a rollout on the popular Unifie...
- Festive surge drives UPI near record ₹29.8 lakh crore milestone across 24.5 billion transactionsIndia's UPI processed transactions near record highs in August, reaching ₹29.8 lakh crore. The platform handled a fresh record of 24.51 bil...
- Want NSE shares before the IPO? Here’s how the unlisted market worksThe National Stock Exchange’s anticipated IPO nears, prompting investors to consider buying unlisted shares now or waiting for the public o...
- No smartphone, no internet, no problem: PhonePe launches UPI 123Pay to let 200 million+ feature phone users make digital payments; here’s how it worksPhonePe has unveiled UPI 123Pay, a new service for feature phone users that enables seamless transactions without an internet connection. T...
- PhonePe launches UPI payments for feature phones on 123PayPhonePe has launched a UPI app for feature phones, allowing users to make payments without mobile data. The SMS-based PhonePe UPI 123Pay co...
- UPI’s market share expands more at debit, credit cards’ expenseUPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...
- Delhi's August: Above-normal rain, warm nights, and three-year high AQIDelhi received significantly more rainfall than usual this August. Day and night temperatures remained notably high throughout the month. T...
- Mahadev Betting case: DGGI seeks ₹40,603 cr in GST from promotersThe DGGI has issued show-cause notices to Mahadev Book promoters for over ₹40,603 crore. These notices propose GST demands and penalties fo...
- Opinion: The problem with a threshold-based MDRThe ongoing discussions around UPI pricing are shifting towards ensuring system financing while still promoting widespread adoption. Consum...
- Golgappa and vegetable sellers far intelligent than Rahul Gandhi: BJP attacks Congress for 'mocking' UPIThe Bharatiya Janata Party criticised the Congress for its past doubts about the Unified Payments Interface. This digital payment system ha...
- UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
- The next 10 years of UPI promise to be bigger and betterNowhere in the world have we witnessed a success story quite like UPI and the credit goes to NPCI, India’s most ambitious fintech
- UPI completes 10 years: PM Modi calls it a major turning point for India’s digital paymentsPrime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...
- ET Graphics: UPI@10 - A miracle storyUPI has completed a decade of transforming India’s digital payments landscape, with annual transactions soaring from 1.78 crore in 2016-17 ...
- UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
- Qatar launches new UPI route to send money to IndiaQatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...
- UPI payment failed but money got deducted? The 8 steps that get your refund fast
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