Credit Cards Dominate Big Spending, UPI Wins Daily Use
A new report reveals India's payment shift: credit cards for high-value buys, UPI for daily needs, while debit card use falls. Explore the Q3 2025 data and trends shaping digital payments.
A new report reveals India's payment shift: credit cards for high-value buys, UPI for daily needs, while debit card use falls. Explore the Q3 2025 data and trends shaping digital payments.
A new report reveals a 16% drop in debit card usage in India, as consumers prefer UPI for daily spends and credit cards for high-value purchases. Explore the changing landscape of digital payments.
NPCI's plan to limit any single app to 30% of UPI transactions by Dec 2026 faces major hurdles. Experts cite lack of MDR revenue & user habits as key barriers. Read the full analysis.
Amazon Pay introduces UPI biometric authentication for Android users, enabling PIN-free transactions up to ₹5,000 using fingerprint or facial recognition for faster, more secure payments.
Google Pay partners with Axis Bank to launch FLEX, a RuPay-powered UPI credit card offering instant rewards. Also introduces 'Pocket Money' for kids and new merchant tools. Join the waitlist now!
Paytm Payments Services secures RBI authorisation to operate as a payment aggregator for offline and cross-border transactions, expanding its financial services footprint. Discover the implications for India's digital payments landscape.
Google Pay partners with Axis Bank to launch 'Flex', a first-of-its-kind UPI-powered credit card in India. Get instant credit, rewards, and seamless payments. Learn more!
Google Pay shifts from distributing loans to launching its own credit card 'Flex' with Axis Bank. The move aims to serve India's underserved credit market and create a comprehensive financial platform.
Google Pay and Axis Bank launch a new RuPay-powered co-branded credit card, integrating UPI payments with instant rewards and flexible EMI options. Learn more about its features.
Amazon India launches biometric authentication for UPI payments, enabling faster, password-free checkouts. This move aims to boost digital payment security and convenience for millions of users.
The All India RBI Employees Association warns of a cash crunch for small notes in rural & semi-urban areas, impacting daily transactions. Read the full story and the union's demands.
Visa launches a global advisory service to help financial institutions navigate stablecoin and CBDC integration. Learn how this move shapes the future of digital payments.
UK fintech Revolut plans to disrupt India's cross-border payments, targeting travel, education, and freelancers. CEO Paroma Chatterjee details strategy for 20M users by 2030.
TTD EO Anil Kumar Singhal directs officials to install UPI kiosks & QR codes in 60 temples, fast-track 5,000 new temples, and modernize staff quarters. Key decisions from Tirupati review meeting.
India's financial inclusion drive is reshaping the economy, with the RBI index hitting 67.0. Jan Dhan accounts now total 57 crore, and digital payments surge. Read about the next phase.
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
NPST secures over ₹300 crore from Tata Mutual Fund to fuel global expansion, AI-driven payments innovation, and strategic acquisitions. Read more about this fintech milestone.
A Mint analysis reveals UPI's explosive growth, with daily transactions soaring 6x in value. Discover how small payments for groceries & eating out are driving India's cashless shift.
India's digital economy is expanding at 2.6 times its GDP, driving Asia-Pacific's transformation. Discover the key drivers and future projections shaping this rapid growth.
India's Ministry of Tourism joins forces with Mastercard in a strategic partnership to enhance digital payments and promote the country as a premier global tourism destination. Discover the key initiatives.
UPI transactions surged 22% YoY to ₹26.32 lakh crore in November 2024. NPCI data shows daily average of 682 million transactions. RBI advances UPI-Europe TIPS integration for cross-border payments.
US Social Security recipients to receive December payments as scheduled with 2.8% increase starting January 2025. Check payment dates and benefit amounts.
NPCI Bharat BillPay launches Banking Connect for real-time fund tracking. RBI to monitor crypto, gaming transactions instantly. Targets 1 billion monthly bill payments in 4 years.
XFlow announces ambitious plan to multiply cross-border payment volumes 10x within 18 months, expanding global reach and enhancing digital payment solutions for businesses.
India's cross-border payments transform as RBI's new license enables fintechs to capture 20% of $1.6T market. Startups raise millions to streamline exports for SMEs.
Zaggle earns prestigious spot among Forbes India DGEMS 2025 top 10 companies, showcasing excellence in fintech innovation and corporate growth. Discover the winning strategies.
Telangana records 19% debit card growth, becoming India's second fastest-growing state. Car sales surge 29% as GST rationalization boosts consumer confidence. Explore the digital payment revolution.
India's digital payments show no post-festival slowdown with daily spends reaching ₹96,017 crore in November. UPI dominates with 94% market share as consumption momentum continues.
Jio Payments Bank expanded its business correspondent network to nearly 200,000 in Q2 FY26, closing gap with Airtel Payments Bank through aggressive hiring and new product launches.
Bengaluru's Namma Metro now accepts QR ticket bookings through NAVI UPI app. Commuters can enjoy seamless travel with quick digital payments across all metro lines.