Tag:
Digital Payment Systems
Finance Ministry quashes rumors of MDR charges on UPI transactions. UPI sees record growth with 18.68B transactions in May 2025. No charges, only progress.
13-06-2025
In November 2024, Unified Payments Interface (UPI) transactions experienced a modest decrease. The decrease marks an unusual downturn for the popular digital payment system. The total transaction dropped by 6.6%, reaching IN ₹1,548 crore, while overall transaction value decreased by 8.3% to IN ₹21.6 lakh crore. The marginal drop is linked to post-festival seasonal spending […]
03-04-2025
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