India’s digital payments space has evolved at a rapid pace, with UPI (Unified Payments Interface) becoming a household name. And just when you think the innovation cycle is slowing down, a new update shakes things up again. PhonePe, one of the country’s leading digital payment apps, has rolled out a new feature called UPI Circle. This move is not just a minor tweak—it’s a … [Read more...] about How PhonePe’s UPI Circle Feature is Transforming Group Transactions in India
fintech
NPCI’s Strategy to Alleviate Banking Channel Congestion: A Comprehensive Overview
In the rapidly evolving landscape of digital payments in India, the National Payments Corporation of India (NPCI) plays a pivotal role in ensuring seamless transactions. As digital payments surge, banks face increased pressure to process numerous small-value transactions, leading to system congestion. To address this, NPCI is considering a strategic reduction in interchange … [Read more...] about NPCI’s Strategy to Alleviate Banking Channel Congestion: A Comprehensive Overview
Recent Comments