UPI crossed 1 billion transactions for the first time in October 2019, almost three years after its launch! And, it’s clocking 6B now 
Jupiter clocked 1.89M transactions with a value of 223 crore in June '22. B2C and B2B excluded, as it gets added to the PSP ie. Axis bank. UPI Ecosystem Statistics | NPCI - National Payments Corporation of India
Which other upi apps have activated this feature? Do you know?
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With 50K users, fintech startup muvin is helping children, young adults gain financial independence!
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July numbers are in!
Jupiter clocked 2.10M ‘customer initiated transactions’, with value to the tune of 254.14 crore.
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I need this feature but actually it is missing for me in Bhim App V 2.9.7. Which version do you have?
Edit: I guess it is available only for particular banks for now.
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MSwipe to enter online payment gateway business, launch sound device for merchants. The payment wars just got more interesting!
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“The Reserve Bank of India has published guidelines that it intends to enforce for digital lending firms, recommending more transparency and control to customers as the South Asian nation’s central bank moves to take further steps to crack down on sketchy practices and creditors.”
"Paytm’s BNPL revenues are largely scattered across three components – convenience fee from the consumer, late payment fee from users and the merchant discount rate (MDR) paid by merchants.
While the convenience fee and late fee components are in compliance with the central bank’s new guidelines, the MDR monetisation wheel is not regulated under the newly issued norms, Goldman Sachs said. As a result, it does not foresee any revenue impact on Paytm’s BNPL product."
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Razorpay has bought a majority stake in Ezetap Mobile Solutions, according to Ezetap’s regulatory filings by its holding company in Singapore.
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The Reserve Bank of India (RBI) on Wednesday released a discussion paper on “Charges in Payment Systems”. The central bank has sought inputs from the general public on the paper till October 3, 2022.
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Paytm and Samsung eh 
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State Bank of Mauritius (SBM) India, one of the most active partner banks for fintech firms, has told its card-fintech partners to immediately stop onboarding new users for its co-branded credit prepaid card product.
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The Ministry of Electronics and Information Technology (MeitY) is currently in consultation with Google Play to find a way to curb malpractices by digital lending apps.
The collaboration will make the Indian payment solutions available in the UK on all PayXpert’s Android point-of-sale (POS) devices for in-store payments. PayXpert would offer QR code payments via Unified Payments Interface (UPI) and later integrate RuPay card payments.
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“This blog details the meaning of UPI Global. We explain why and how the UPI payment infrastructure is being expanded worldwide.”
UPI Global: Meaning, Reasons & Does UPI Work Outside India? - Cashfree Payments Blog
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An explainer on why SEBI’s nob to the Account Aggregator framework is big news SEBI gives thumbs up to Account Aggregators
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