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Industry
UPI to account for 90% of retail payments by 2026-27
Markets
Bengaluru leads in digital payments
Trendz
Digital India boon for commoners, but conmen get smarter, reveals RTI
Technology
Paytm monthly transacting users surge to 89 mn, leads offline payments with 6.4 mn devices
Paytm helps users avoid over 1.6 bn trips to ATMs, Delhi-NCR becomes digital payments capital
Hyd sees 2nd highest digital payments
76% Indians now prefer UPI as payment mode for online checkouts
Economy
PM Modi lauds Paytm at Uttarakhand's Mana village
PhonePe opens swanky 50k sqft office in Pune
With 5 bn Soundbox transactions processed in FY22, Paytm strengthens offline payment's pioneership
Banks
Visa provisions over 100M CoF tokens in India
PhonePe offers cashback on gold, silver purchases via its app