What is UPI Interchange Fee And How Does It Impact Payments?
The National Payments Corporation of India (NPCI) recently introduced an interchange fee structure for Unified Payments Interface (UPI) transactions made through prepaid payment instruments (PPIs) like digital wallets. But what…
Read more »
What is EDC Machine? A Complete Guide
EDC or Electronic Data Capture Machine, commonly known as a payment terminal or card machine, is an electronic device that allows merchants to accept card payments from customers. In…
Read more »
Rbi Latest Upi Innovations To Enhance Digital Payments
UPI currently dominates online payments in India, clocking over 22.7 billion transactions worth $768 billion in FY23. Seeing UPI’s tremendous success, RBI recently unveiled several new features to accelerate adoption…
Read more »
Cross Border Payments in India: Current Challenges and Future Opportunities
In today’s interconnected world, cross border payments have become vital to international trade and commerce. As one of the world’s fastest-growing economies, India plays a significant role in global trade…
Read more »
What Is The Difference Between VPA And UPI ID?
Since the introduction of UPI, the digital payments ecosystem has seen a massive surge in India in recent years. UPI has enabled seamless, instant, and secure fund transfers between bank…
Read more »
