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As Indians have quickly adopted digital payments, a surge in QR code scams has plagued the country, according to a new report released on Tuesday, which revealed that between 2017 and May 31, 2023, about 20,662 cases (or 41 per cent) related to ...
The surge in UPI transactions comes hand in hand with a rise in QR code scams across India, according to a report from Palo Alto Networks
The UPI-based payments crossed 10 billion monthly transactions in August for the first time, according to the National Payments Corporation of India (NPCI).
Typically, you use a debit or credit card at an ATM to withdraw money from your bank. But you dont need a card with this new UPI-ATM.
Pai, who is the former chief finance officer of Infosys, said India is a leader in the digital world, and the country is in the midst of a digital revolution.