According to the data from the National Payments Corporation of India, India’s cashless retail transactions on the UPI platform were Rs 8.27 lakh crore in February, a little decrease from the previous month’s total (NPCI). In February 2022, there were 452 crores (4.52 billions) in transactions.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
KEY POINTS:
UPI or the Unified Payments Interface is a systematic mechanism that merges many banking services, smooth fund routing, and merchant payments into a single mobile application (of any participating bank). It also manages “Peer to Peer” collection requests, which can be scheduled and paid in accordance to the requirement.
"Bahut saare bachche coaching afford nahi kar sakte. Aapne unhe aage badhne ki prerna di."…
Uttar Pradesh is one of the most populated state in India and has 75 districts.…
India’s rising chess star Divya Deshmukh scripted history on July 28, 2025, by defeating veteran…
The Indian Army, in coordination with the CRPF and Jammu and Kashmir Police, launched a…
Safety is one of the most important things people look for when choosing a place…
Every year, World Hepatitis Day is observed on 28th July to raise global awareness about…