In December 2025, UPI registered 21.6 billion transactions worth Rs 28 lakh crore, a record high for any single month. In the entire calendar year, it handled 228.3 billion transactions, up from 172.2 ...
Forbes contributors publish independent expert analyses and insights. I explain the impact of new financial technologies on our markets. Last month, a ransomware attack forced a hospital in ...
New products from Kiwi, HDFC Bank, IDFC FIRST Bank, and Axis Bank highlight rising competition in India’s fast-growing “credit on UPI” ecosystem .HDFC Bank has launched its RuPay-based UPI credit card ...
Digital payments are growing rapidly these days. People now prefer mobile payments over cash. Instant payments can be made by scanning a QR Code at shops, restaurants, petrol pumps, and even small ...
Closed vs open-loop wallet ecosystems explained. Learn how banks and fintechs can turn high-volume payments into profitable platforms.