RBI Governor Signals Potential Charges for High-Value UPI Transactions: Navigating the Future of Digital Payments
The RBI Governor has indicated potential charges for UPI transactions above Rs 2,000, emphasizing the need for a sustainable payment ecosystem. While only 5% of transactions would be affected, they represent 65% of the total value. This move aims to…
Digital Payments Shift: UPI Transactions Skyrocket to 76 Crore Daily While FASTag Dips
India's digital payment scene is evolving rapidly. In July, UPI transactions surged to 76.3 crore daily, showcasing immense growth. Conversely, NETC FASTag transactions declined by 6% year-on-year, highlighting divergent paths in digital adoption.