According to the PwC report titled The Indian Payments Handbook – 2022-27, UPI transactions are likely to reach 1 billion per day by______ , accounting for 90 per cent of the retail digital payments in the country.
According to the PwC report titled The Indian Payments Handbook – 2022-27, UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country. Unified Payments Interface (UPI), which is driving the digital payments revolution, accounted for about 75 percent of the total transaction volume in the retail segment during 2022-23. The Indian digital payments market saw steady growth at a Compound annual growth rate (CAGR) of 50 percent (volume-wise) and is expected to reach 411 billion transactions in FY 2026-27 from 103 billion in FY 2022-23. While credit card issuance is expected to grow at a healthy CAGR of 21 per cent in the next five years, debit card issuance is expected to have a stagnant growth with a CAGR of 3 per cent in the same period.
Who has been rated A+ in the Global Finance Central Banker Report Cards 2023, placing at the top of the list of three central bank governors receiving t...
India’s first numberless credit card has been launched that will not display any card number, expiry date, or CVV number and allows customers to link ...
Which indian payment gateway has partnered with NPCI to launch ‘AutoPay on QR’ that enables customer onboarding through a two-step workflow of s...
LIC Cards has partnered with IDFC FIRST Bank and which other company to launch an exclusive co-branded credit card to meet the dynamic financial needs o...
What position did India achieve in the Global Energy Transition Index 2024?
Which bank introduced a 'Mobile Handheld Device' to enhance accessibility and convenience?
Recently who has become the first woman officer to join the Army Aviation Corps as a Combat Aviator?
According to which article of the Indian Constitution ,an election to fill the vacancy caused by the expiration of the term of office of the outgoing Pr...
Union Civil Aviation Minister Jyotiraditya Scindia inaugurated the first drone school in ____________.
Which organization reported the fourth global mass coral bleaching event during 2023-2024?