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India Records Over 25 Bn Digital Transactions In 2020, Beats China, US

India has recorded the highest number of digital transactions in 2020 globally, clocking over 25 billion transactions. China, South Korea, and the US logged only 15.7 billion, 6 billion, and 1.2 billion transactions respectively. Moreover, India's volume share for instant payments was 15.6%, which is expected to increase to over 37% by 2025. Notably, Universal Payment Interface (UPI) transactions has been continuously increasing in India for… read-more

Tue, 06 Apr 2021 - 02:03 PM / by Neha Sanjeev

Tags: UPI, Online Transactions, DIGITAL TRANSACTIONS, India

Courtesy: WION


Photo: Economic Times

State Bank Of India's Internet Banking Services Get Disrupted

State Bank Of India on October 13 informed through twitter that their systems faced technical issues due to connectivity problems. Reportedly, a huge number of online transactions got delayed due to this issue. However, ATM and POS were not affected by the problem. While requesting customers to bear with them, SBI… read-more

Tue, 13 Oct 2020 - 04:41 PM / by Ujjwal Panchariya

Tags: STATE BANK OF INDIA, Online Transactions

Courtesy: Live Mint