10
Jun
As the Reserve Bank of India (RBI) has proposed to hyperlink credit score playing cards to Unified Payments Interface (UPI), the homegrown digital transaction system has bought but every other filip for its growth. The proposal, coupled with the current RBI’s announcement on cashless withdrawals at ATM through UPI, will boost the number of transactions on the UPI platform. RBI Governor Shaktikanta Das, whilst making an announcement the decision, said, “UPI has grown to be the most inclusive mode of payment in India with over 26 crore unique users and 5 crore retailers on the platform. In May 2022 alone,…
