The Indian Fintech market has been growing at an exponential pace with massive consumer adoption. India is currently ranked second behind China in fintech adoption. Slightly more than 60% of users use Fintech in India, which is much higher than the developed countries. What...
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Demonetization is the first nail in the coffin for cash in India. UPI 1.0 is the second nail in the coffin for cash in India, making transactions much more accessible with everyone’s mobile becoming their wallet. Besides, merchants grabbed UPI with both hands as...
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I recently tried transferring Rs. 1750/- to a payee account with a nationalized bank using IMPS. It is instantaneous, and my bank allows me to do IMPS transactions up to Rs. 5000/- without any formal registration. I did that, and I received the confirmation...
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