Digital Transactions Archives

Govt Prioritising Lower Denomination Notes And Digital Transactions: Sitharaman

DainikNews Live Admin10 months ago03 mins

New Delhi: Union Finance Minister Nirmala Sitharaman said on Saturday that the priority of the government is to “make sure” that currency in circulation will be in “lower denominations” and spreading more awareness for “doing digital transfers.” Answering a question on the future of Rs 500 currency, Sitharaman said, “We are making every effort to…

UPI Processed Rs 81 Lakh Cr Worth Transactions In April-July, Up 37 Per Cent YoY

DainikNews Live Admin2 years ago03 mins

New Delhi: Surpassing the world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year). According to latest data by global payments hub Paysecure, UPI processed 3,729.1 transactions per second — a 58 per…