Indians travelling to Qatar will soon be able to make UPI payments
This will enable UPI payment acceptance in Qatar through the QNB merchant network, benefiting Indian travellers visiting and transiting through the country.
This will enable UPI payment acceptance in Qatar through the QNB merchant network, benefiting Indian travellers visiting and transiting through the country.
Digital India symbolises an empowered country which boosts 'Ease of Living' and transparency, Prime Minister Narendra Modi said on Monday.
In the month of June, the Unified Payment Interface (UPI) transactions saw a marginal dip of 1 per cent in volume and 2 per cent in value.
With this development, Peru will soon have a UPI-like instant payments system.
The Unified Payments Interface (UPI) network in May set a new record by processing 14.04 billion transactions, up from 13.3 billion in April, the data released by the NPCI said.
This move marks a significant step in the conglomerate's efforts to diversify into the fast-growing consumer markets of digital payments and e-commerce.
With 75 per cent of all ‘Credit Cards (CC) on UPI’ transactions happening at small merchants, a new report on Thursday said that UPI (Unified Payments Interface) integration has fuelled growth in RuPay credit cards.
Commuters availing services in the city Metro are soon to enjoy a cashless ticketing facility.
Earlier, NRIs had to register an Indian mobile number with their banks to make UPI payments.
The volume of UPI transactions in H2 2023 to H2 2022 increased by 56 per cent from 42.09 billion to 65.77 billion, the report said.