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Kirana Stores Ditches Paytm After RBI Ban, Inclines Towards Other Apps
Finance News Retail

Kirana Stores Ditch Paytm After RBI Ban, Incline Towards Other Apps

A recent announcement by the Reserve Bank of India (RBI) directing Paytm Payments Bank to halt services by February end, has led local Kirana store owners to start using other payment apps for business. A survey conducted by Kirana Club indicates that 69 per cent of respondents use the Paytm QR code for daily transactions […]

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UPI Drives India's Mobile Wallet Boom, Market Set To Reach $6.4 Tn By 2028
Finance National News

UPI Reports More Than 100 Cr Transactions In 2023

The Unified Payments Interface (UPI) has shattered records by processing over 100 billion transactions, as revealed by data from the National Payments Corporation of India (NPCI). Operating alongside other payment processing infrastructure, UPI witnessed 54 per cent year-on-year (YoY) growth in transaction volume and 42 per cent surge in transaction value for December 2023. The […]

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