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online transactions: Ecommerce, gaming, financial services made up 80% of online deals in H2 2023: Report

Worldline s report showcased Ecommerce, gaming, utilities, government, and financial services as online transaction leaders. In-store, grocery stores, restaurants, pharmacies dominated. UPI transactions surged as PoS terminals increased, highlighting the importance of mobile payments.

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Digital payments growth buoyed by rise in acceptance channels, lower ticket size: Worldline

Digital payments growth buoyed by rise in acceptance channels, lower ticket size: Worldline
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upi: Banking industry, fintechs hail hiking UPI payments, e-mandate caps

Unveiling the monetary policy, Reserve Bank Governor Shaktikanta Das said the limit for various categories of unified payments interface (UPI) transactions has now been enhanced to Rs 5 lakh per transaction from the present Rs 1 lakh for payments to hospitals and educational institutions.

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Temple donations and panchayat payments go digital with PoS devices in government s next fintech wave

India Business News: The Indian government, in line with the Digital India policy, is developing applications to enable digital payments for various government departments

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digital payments: Temple and Panchayat payments go digital in next fintech wave

Some early pilots are running where a PoS device is being installed at the level of a village panchayat and even in temples to ensure that cash deposits move digital

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