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Technology
Razorpay launches AI-powered payments routing system
Tech sector emerges single largest contributor to economy
Markets
P2M transactions driving UPI growth in India, average ticket size drops
Economy
42% consumers to use UPI for festive shopping
Banks
Teen-focused neo-banking platform Akudo to shut down operations
Bank of Baroda enables UPI LITE
Global non-cash transactions to hit 1.3 trillion, UPI usage at record high in India
Eco Buzz
SBI announces introduction of UPI interoperability
UPI-based payments cross 10 billion monthly transactions for 1st time
Rs 500 limit for offline digital payments
UPI transactions shot up to Rs 83.2Lcr
SBI Card enables RuPay Credit Cards on UPI