Advertisements India saw 9.36 billion transactions amounting to Rs 10.25 trillion in the first quarter (January-March period) via various payment modes led by Unified Payment Interface (UPI), a new report showed on Monday. The UPI P2M (person to merchant) transactions… Read More ›
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Winvesta Launches UPI Based Remittance For Foreign Investments
Advertisements In a first-of-its-kind in India, leading cross-border fintech – Winvesta – has launched a pioneering feature that enables clients based in India to remit funds via UPI and net banking to fund their global investment accounts. One of the… Read More ›
Paytm Payments Bank has 155 million UPI handles, is the largest beneficiary bank
India’s leading digital payments and financial services Paytm filed its DRHP on July 15, 2021, for SEBI’s approval for its $2.2 billion IPO. In its prospectus, the numbers of Paytm Payments Bank revealed how the company is faring in the UPI game. Paytm Payments Bank Ltd (PPBL), has 155 million UPI handles on its platform and is accelerating the growth of UPI payments at retail stores and even large merchants, as stated in its DRHP.