The ministry, in a social media post on X, stated that the UPI transaction figures showcase its transformative impact on financial transactions in India.
With a social media hashtag, FinMinYearReview2024, on X, the ministry highlighted the significance of UPI, which is getting prominence in countries across the globe.
India's digital payments revolution is gaining international momentum, with both UPI and RuPay expanding rapidly across borders.
Currently, UPI is operational in seven countries, including key markets like the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, and Mauritius.
UPI is a digital payment system that allows users to make instant money transfers between bank accounts.
Launched in 2016 by the National Payments Corporation of India (NPCI), UPI has revolutionized the nation's payment ecosystem by integrating multiple bank accounts into a single mobile application.
Denne historien er fra December 15, 2024-utgaven av The Business Guardian.
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Denne historien er fra December 15, 2024-utgaven av The Business Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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AAP flags voter fraud concerns with EC
Aam Aadmi Party delegation led by party supremo Arvind Kejriwal and including Punjab Chief Minister Bhagwant Mann, Delhi CM Atishi, and Rajya Sabha MP Sanjay Singh, on Thursday met the Election Commission over their 'concerns' regarding alleged irregularities in the New Delhi Legislative Assembly elections.
EYEING AAP'S CORE VOTERS, SHAH FIXES DATE WITH SLUM LEADERS ON JANUARY 11
Union Home Minister Amit Shah is scheduled to meet with leaders of slum clusters in Delhi on January 11 as part of an initiative to engage with slum voters ahead of the Delhi Assembly elections.
Rahul's Rally on Jan 13
The announcement was made at a press conference by former Rajasthan Chief Minister Ashok Gehlot here.
Left Parties to Contest on 6 Seats
In a show of left unity ahead of the 2025 Delhi assembly elections, the communist parties have decided to extend support to each other as they gear up to contest six assembly constituencies.
'Centre spends Rs 1 lakh crore, AAP has only done corruption'
Leader of Opposition in the Delhi Assembly and BJP candidate from Rohini constituency, Vijender Gupta on Thursday launched a scathing attack on the Aam Aadmi Party (AAP), accusing the party of corruption and mismanagement while highlighting the central government's financial support of Rs one lakh crore to Delhi annually.
Kejriwal panic-stricken now: Congress
With the AAP facing \"anti-incumbency\" in Delhi, Arvind Kejriwal is \"panicking\" and is trying to pressure the Congress through its partners but \"we are not going to make any kind of alliance\" with his party, city Congress chief Devender Yadav said on Thursday.
Kejriwal is playing caste politics: Parvesh Verma
BJP candidate for the New Delhi Assembly and former MP Parvesh Sahib Singh criticized Arvind Kejriwal, accusing him of playing caste politics as his political influence wanes.
'BJP hurls abuses as they don't have an agenda'
Delhi Chief Minister and AAP leader Atishi on Thursday targeted the BJP, alleging that it doesn't have any agenda other than hurl abuses at AAP Chief Arvind Kejriwal.
Supreme Court Grants Interim Relief: 'Ready to Apologize, Compensation', Says Telugu Actor Mohan Babu in Case for Assaulting Journalist
The Supreme Court in the Manchu Mohan Babu versus The State of Telangana and Anr observed and has granted interim relief to Telugu actor Mohan Babu by ordering that no coercive actions need to be taken by the police against him in the case for assaulting a journalist.
Punjab And Haryana High Court Summons Chandigarh Traffic SSP Over UT's Contradictory Stand On Sitting Judge's Threat Perception
The Punjab and Haryana High Court in the case Court on its own motion v. State of Punjab and others observed and has summoned Chandigarh's Traffic SSP over contradictory stand taken by UT on a sitting High Court's judge threat perception.
