UPI provided credit access to poor, fuelled growth: Study

UPI provided credit access to poor, fuelled growth: Study

New Delhi: India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth and access to formal credit for the first time, by enabling underserved groups, according to a study by top professors. The authors of the study said that the success of UPI can be replicated in other countries … Read more

UPI adding up to 60 lakh new users every month, global adoption surge

UPI provided credit access to poor, fuelled growth: Study

New Delhi: The digital payment growth continues to surge and Unified payments Interface (UPI) is now adding up to 60 lakh new users every month. The stupendous growth in UPI transactions has been fuelled by the RuPay credit card on UPI, and the launch of the service in foreign countries. According to the latest National … Read more