upi transactions

Mobile payments near ₹200 lakh crore in H2 2024 as UPI transactions surge | Mint

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Indians are tapping their phones in a big way to spend money. The value of transactions done using mobile phones soared nearly 30% year-on-year (y-o-y) to about ₹198 crore ( ₹1.98 trillion) in the second half (2H) of 2024. To put it in perspective, this amount is 14.5 times the money spent by customers using … Read more

Game-changer: Using UPI abroad is just as easy as you’d expect | Mint

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The National Payments Corporation of India (NPCI) has been expanding UPI’s global footprint since its first international collaboration with Singapore in 2020. Countries that now accept UPI payments include Singapore, the United Arab Emirates, Sri Lanka, Mauritius, Bhutan, Nepal and France. Arun Panicker, a 56-year-old traveler from India, recently experienced this firsthand during a trip … Read more