New Delhi, April 27 Yes Bank saw growth in unified payments interface transactions monthly -- from nearly 3.3 to 5 million -- after its partnership with Paytm, its Managing Director and CEO, Prashant Kumar, said on Saturday. Yes Bank registered Rs 452 crore in net profit for the fourth quarter of FY24 compared to Rs 202.43 crore in the same …
Indians’ credit card spends in September jumped 57% on a year-on-year basis to Rs 80,000 crore, according to the latest data from the Reserve Bank of India. This represents 3.2% sequential growth, despite a high base of Rs 77,981 crore in August.In the past six months, the average monthly spending on a credit card increased to about Rs 12,400 from …
Bengaluru: Digital payments firm PhonePe on Monday said it has clocked close to 972 million Unified Payments Interface transactions in February, garnering close to 42% market share on the payment infrastructure. In January, the Bengaluru-based company had retained its market leadership in UPI for the second consecutive month by recording close to 968.7 million transactions and processing ₹1.91 lakh crore …
