Digital payments
Companies News

ONDC Expands Overseas B2B Exports With Proxtera

Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday, expanded its overseas business-to-business export by collaborating with the Singapore-based B2B network Proxtera. Proxtera is the operationalisation of the Business sans Borders (BsB) initiative led by the Monetary Authority of Singapore (MAS) and the […]

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National News

UPI Crosses 10 Bn Transactions In August 2023, Becomes Backbone of Digital Payments In India

The Unified Payments Interface (UPI) has revolutionised India’s digital payment ecosystem and played a pivotal role in driving financial inclusion by bringing millions of unbanked individuals into the formal financial system, said RBI Governor Shaktikanta Das here on Monday. The RBI Governor was delivering the keynote address at the Grand Finale of the G20 TechSprint […]

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UPI Transaction Volume Surpasses 15 Lakh Cr In August

India is getting digitally active. As per the data of the National Payments Corporation of India (NPCI), that manages real time payment platform UPI, August was a prosperous month for the Unified Payments Interface. UPI crossed 10 billion transactions in a month for the first time in August. According to the data till 30 August, […]

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