Transactions

PhonePe Claims 1 Mn Daily Transactions Worth $15.4 Mn In Nov, Taking Lead Over BHIM?

Flipkart owned UPI application PhonePe claims to have processed more than 1 Mn daily transactions value more than $15.4 Mn (INR 100 Cr) each individual day in November. Also, the application has realized a total Payments Volume (TPV) annual operate fee of $6.1 Bn (INR 40K Cr) inside 14 months of its launch. The corporation…

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Why Blockchain Has The Potential To Revolutionize The World Economy

What is the blockchain? If you really don’t know, you need to if you do, probabilities are you nonetheless require some clarification on how it in fact performs. Don Tapscott is in this article to assistance, demystifying this globe-altering, rely on-setting up technological innovation which, he states, represents nothing significantly less than the 2nd generation of…

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Banks To Bring UPI Enabled Digital Payment Apps Under BHIM

As an further increase to the developing inhabitants of the Unified Payments Interface (UPI), Indian financial institutions, both community and non-public, are gearing up to align their digital payment answers beneath the umbrella of BHIM (i.e. Bharat Interface for Cash). Henceforth, BHIM will element as a prefix to the UPI application of every lender. To…

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