Mind you, there are only 6 million point-of-sale (POS) machines for swiping credit and debit cards, despite decades of presence. “UPI is now a juggernaut in its own right. It’s a train that ha ...
Founder of fintech firm Rio Money Riya Bhattacharya says the average transaction size of a UPI-linked credit card is ₹850 ...
Scan the QR Code: Use your UPI-enabled mobile app to scan the QR code displayed at the merchant's POS terminal. - Enter Payment Amount: Input the transaction amount you wish to pay and review the ...
On December 19, UnionPay International (UPI) and the Lao National Payment Network (LAPNet) launched the QR payment interoperability collaboration in Shanghai. Mr. Dong Junfeng, Chairman of UPI, and Mr ...
Credit card transactions at PoS terminals recorded a 30.5% growth white debit card transactions fell 11.9%. The volume of UPI transactions doubled from 4.6 billion transactions for this period in ...
This collaboration enables the acceptance of QR code-based Unified Payments Interface (UPI) payments via Network’s point-of-sale (POS) terminals in the UAE. The primary beneficiaries of this ...