![Flipkart Group rolls out new UPI app after PhonePe split](https://images.assettype.com/fortuneindia%2F2022-08%2Fe4649384-e61d-4ece-8726-6409d926fc9a%2Fflipkart.jpg?rect=0,107,1024,512&w=300&q=95)
Flipkart Group rolls out new UPI app after PhonePe split
The app is set for a phased launch, initially available to just 100,000 users as part of a BETA version.
The app is set for a phased launch, initially available to just 100,000 users as part of a BETA version.
Shaktikanta Das says CBDC is interoperable -- with the same QR code, one can make UPI payments or CBDC payments
The apex bank also announces the inclusion of recurring payments for FASTag, NCMC; revises the limit of bulk deposits for SCBs, small finance banks, local area banks
The partnership between NPCI unit and Peru’s central bank to facilitate instant payments in the country and expand digital payments to its unbanked population
Paytm calls reports of Adani Group chairman Gautam Adani looking to buy a stake in the digital payments firm 'speculative'
Value of mobile wallet transactions in India reached ₹208.25 lakh cr in 2023, with a CAGR of 72.1% between 2019 and 2023
How the business strategy has moved from traditional models of product-based advantages to more innovative approaches that blend physical and digital assets to solve customer problems.
The primary objective of ‘Pocket UPI’ is to address the tendency of users to overlook minor or recurring expenses when UPI is directly linked to bank accounts.
The measures will minimise concentration risk in the UPI system by having multiple payment app providers, says RBI.
By connecting with UPI, both Sri Lanka and Mauritius will benefit and digital transformation will get a boost, says PM Modi.