UPI

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Value Of Online Payments Falls In December Despite Government’s Digital Blitz

Despite the government’s push for digital payments after demonetisation sucked 86 percent of currency in circulation out of the economy, data for the last two months may not enthuse many. While the number of digital transactions has jumped multi-fold, the total value of non-cash payments declined 12 percent in December compared to the average of … Continued

India set to go cashless – thanks to UPI, Aadhar

Voicendata.com, October 24, 2016 India set to go cashless – thanks to UPI, Aadhar An astounding 233 million Indians do not have any type of access to a bank. It is a fairly bleak situation. Furthermore, a significant number of accounts have a balance of zero, according to PricewaterhouseCoopers (PwC). Despite having the world’s second … Continued

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Naveen Surya in Q&A with Raghu Krishnan – Business Standard

Business Standard, Mumbai , September 29, 2016 “The reality of payments firms is, we are relevant to urban and rural” “The digitally-savvy Indian uses physical cash for 30-40 per cent of her spending. So you can see the opportunity for a differentiated service”, Naveen Surya tells Raghu Krishnan in Q&A How are you differentiating ItzCash … Continued