One 97 Communications, which operates fintech platform Paytm, saw its shares rise 9% to hit an intraday high of Rs 1,244.05 on the BSE in an otherwise weak trading session. The price action was accompanied by strong volume, which rose 1.5 times on the BSE. The rally is believed to be due to a stimulus […]
This article provides a professional guide on how UPI works internallywhere the emphasis is on the backend architecture, the linking role of NPCI and the actual transaction flow between banks. While most online guides only explain UPI from a user’s perspective, this article takes a much deeper look at the systems that make each transaction […]