real time payments

RBI realtime cheque clearance system: Customers complain of delays; bank staff not fully trained

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India’s new real-time cheque clearance system is experiencing initial problems. Bank staff are facing challenges with new processes, and technical glitches are slowing down cheque ...

UPI has surpassed Visa with 650m daily transactions: Amitabh Kant

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Unified Payments Interface (UPI) has overtaken Visa to become the world’s leading real-time payment system, processing over 650 million daily transactions compared to Visa’s 639 ...