RBI Survey Highlights Cash Preference Among Indian Farmers Amidst Digital Payment Growth

By BPN News Desk February 21, 2025

Finance

A recent survey by the Reserve Bank of India (RBI) reveals that cash remains the primary mode of transaction among Indian farmers, even as digital payment methods gain traction nationwide. The study indicates that while digital payments have seen significant growth, cash continues to be the

Finance

UPI’s Remarkable Growth in India’s Digital Payments

By Editor - News Desk January 28, 2025

Since its inception in 2016, the Unified Payments Interface (UPI) has revolutionized India’s digital payment ecosystem, experiencing exponential growth over the past five years. In 2019, UPI accounted for 34% of the country’s digital transactions; by 2024, this figure had surged to an impressive 83%. In 2024 alone, India recorded 208.5 billion digital payment

Finance

UPI Payments Now Accepted at Dubai Duty Free Stores

By BPN News Desk January 16, 2025

Indian travelers can now use UPI for seamless transactions at Dubai Duty Free outlets, enhancing shopping convenience.

Economy National

UPI Processes ₹223 Lakh Crore Transactions in 2023

By BPN News Desk December 14, 2024

Unified Payments Interface (UPI), India’s flagship digital payment platform, recorded an impressive 15,547 crore transactions worth ₹223 lakh crore between January and November 2023. The National Payments Corporation of India (NPCI) revealed these numbers, showcasing the rapid adoption and growth of digital payments in the country. Monthly Transaction Milestones UPI