RBI’s Digital Payments Index Jumps to 377.46 in Sept from 349.30 in March The Reserve Bank of India (RBI) has released its latest data on digital payments in the country, revealing a significant increase in digital payments. According to the RBI’s Digital Payments Index (DPI), the index has increased from 349.30 in March 2021 to…
Centre Clears Rs. 2600 Cr Scheme to Promote Digital Payments RuPay, BHIM, UPI The Indian government has approved an Rs. 2600 crore scheme aimed at promoting digital payment platforms, including RuPay, BHIM, and UPI. This scheme is aimed at encouraging the use of digital payment methods in the country and reducing the dependence on cash….
Celebrating 6 years of BHIM, India’s Indigenous Payment Application Introduction BHIM (Bharat Interface for Money) is a mobile payment application developed by the National Payments Corporation of India (NPCI) in 2016. It was launched by Prime Minister Narendra Modi to promote digital transactions and reduce the country’s dependence on cash. BHIM has been widely accepted…
