Piyush Somani, founder, CMD, and CEO of ESDS Software Solution, noted that the rise in UPI transactions has significantly influenced the demand for his company's data center solutions. "Over the past year, we have observed a substantial increase in demand, with our data center services experie...
Digital payments transactions have reached 11,660 crore in the current Financial year as on 11.12.2023 and is expected to surpass FY 2022-23.Sunil ChemmankotilPC quest
To overcome these challenges, the government is implementing the Digital India initiative. Recent updates The digital payments industry in India has experienced remarkable growth. UPI transactions have surged from 92 crore in FY 2017-18 to 13,116 crore in FY 2023-24, representing a compound an...
Payments Volume of digital payments India FY 2018-2024 Payments Volume of digital payments in India FY 2024, by mode Payments Value of digital transactions in India FY 2020-2027 Recommended statistics Market overview Infrastructure Key payment methods Fintech players Consumer opinionKey...
5. Cyber Security:MeitY will need to evolve a comprehensive cyber-security framework for data security, safe digital transactions, and complaint redressal. Read in detail aboutCyber Securityon the given link. 6. Telecom ombudsman:The government should appoint officials and also set up a telecom omb...
Several factors are driving the growth of the digital assets market. One of the most significant is the increasing adoption of blockchain technology, which provides a secure and transparent way to verify transactions. Additionally, the growing interest in decentralized finance (DeFi) is driving demand...
Rise of Digital Payments in India In the last two years of the coronavirus pandemic,digital paymentshave increased in India, mostly due to the widespread use of UPI for routine transactions. This accomplishment is reflected in the Digital Payment Index (DPI) released by the Reserve Bank of India...
digital engagement. we asked respondents how frequently they use different channels and services, with an eye on digital transactions. we also captured consumers’ expectations and perceptions of digital banking capabilities, and the likelihood of using additional digital banking services ...
short videos, images, and text. Digital assets generally include the production mode and confirmation of rights of digital assets. Digital creation and digital assets will become the premise of digital market transactions. The digita...
Journalists seek Rs 30 lakh in damages from Air India for data leak The Unified Payments Interface (UPI) ecosystem has recorded a total of 16.73 billion transactions in December 2024, marking an 8% increase from November’s 15.48 billion transactions, as per data from the National Payments Corpo...