Unified Payments Interface (UPI) has revolutionized the way financial transactions are conducted in India. With just a few taps on a smartphone, users can transfer money instantly from one bank …
Tag:
UPI
BankingNewsRBI
UPI Transaction Limit Raised: New Cap Aims to Facilitate Higher-Value Payments
by admin
The Reserve Bank of India (RBI) has announced a significant change to the Unified Payments Interface (UPI) transaction limit, increasing it from ₹1 lakh to ₹5 lakh per transaction. This …
BusinessCompanyIndia News
Adani Group reportedly set to venture into UPI, digital payments, and credit card services.
by smtfin
The report claimed that Adani Group will activate services on their consumer app, Adani One, launched in 2022, upon finalization of these developments. Reportedly, Gautam Adani-led Adani Group could venture …
UncategorizedBusinessCompanyIPOShare
Paytm’s Q4 losses extend to Rs 550 crore; revenue declines by 3% YoY.
by smtfin
Paytm’s Q4 results affected by UPI transition and payments bank embargo, expecting Rs 500 crore EBITDA impact. Paytm’s fourth-quarter losses rose to Rs 550 crore, up from Rs 169 crore …