Latest Updates Around The World
Google is expanding its consumer finance business in India with the launch of a UPI-linked credit card, tapping into a country of over 1.4 billion people where less than 50 million people currently have a credit card. On Wednesday, Google entered the growing co-branded credit card market in India with the launch of Flex by […]
Maharashtra is the number one in UPI use, followed by Karnataka, Uttar Pradesh, Telangana and Tamil Nadu, according to the SBI’s Economic Research Department (ERD), even if it warned that higher concentration of transactions between a handful of Taps (Dird party application – -in -terteck warnia. Referring to state-based data on UPI transactions, published by […]
The report emphasized that the country’s UPI ecosystem is currently being dominated by a handful of third-party app providers (TPPs), with Phone, Google Pay and Paytm that lead in both transaction volume and value. India needs its own dominant UPI app to really use data instead of staying dependent on foreign payment platforms, according to […]
