UPI surge: India leads in fast payments; 18bn monthly transactions power growth
India has emerged as a global leader in real-time digital payments, primarily driven by the Unified Payments Interface (UPI). Launched in 2016, UPI has revolutionized ...
UPI transactions hit new high in May but cash still thriving
Despite the surge in UPI transactions, cash usage, particularly the Rs 500 note, remains surprisingly high in India, reaching record levels. This phenomenon is attributed ...
