Cashfree Payments’ Post

UPI: the most popular #posterchild for faster payments globally   The Unified Payments Interface (UPI), operated by the National Payments Corporation Of India (NPCI), set a new record by processing more than 15 billion transactions for the first time in September, up from 14.9 billion in August. The average daily transaction count crossed 500 million in September, compared to 483 million in August. Simply put, the numbers are just staggering.   In our latest episode we welcomed Ritesh Shukla, a leading voice on the global digital payment scene and CEO of NPCI International Payments Limited (NIPL) to the show (virtually and not in the studio). Ritesh is responsible for taking the India’s Digital Stack global which includes UPI; which he is doing very successfully. We had a dynamic and insightful discussion on the incredible rise of UPI which serves as a shining example of India's fintech story on the global stage.   Beyond UPI, Ritesh and Arjun delve into: 🛋Crucial trends shaping the payments industry   🛋Evolution of Faster payment 🛋The growing digital payment adoption in the GCC   🛋The emergence of CBDCs   🛋NPCI's collaboration with fintechs     This is a must-listen for anyone interested in payments, the rise of national payment infrastructure, how NPCI is pushing boundaries in payments both in India and worldwide, and a lot more. Catch the full episode now! 🎧 Thank you to season 3 sponsors: Adyen, M2P Fintech, Mastercard, Thunes, and ToYou | تويو.   #CouchonomicsWithArjun #Payments #Fintech #UPI #NPCI #DigitalCurrencies #GCC #DigitalPayments #Podcast #cbdcs

As the Global FinTech Fest 2024 kicks off, industry leaders like SBI, HDFC, Axis Bank, and prominent fintech companies are set to unveil groundbreaking advancements in digital payments and financial solutions. 🚀 Expect major launches such as OneCommerce, DigiPos, and Evok 3.0—innovations poised to redefine the future of commerce and transaction processing. Additionally, the National Payments Corporation of India (NPCI) is expected to make key announcements, continuing its tradition of introducing transformative products at this marquee event. 🌐 Stay tuned as we witness the evolution of the digital payments ecosystem with Wagons learning ltd. #GFF24 #FinTechInnovation #DigitalPayments #BFSI #NPCI #FinancialInclusion #TechInFinance #wagonslearning

Explore a comprehensive & insightful panel discussion on how payments are unlocking digital acquisition and business expansion, with Amit Tyagi the Head of Fintech in NPCI Bharat BillPay (NBBL). Be there at the Payments Reloaded 2024 to experience a networking event like no other. Noopur Chaturvedi #IndustryLeaders #Innovation #DigitalTransformation

The Unified Payments Interface (UPI) is on fire! 🔥 Breaking records yet again, UPI hit a jaw-dropping 15 billion transactions in September, surpassing the 14.9 billion mark from August. With an average of 500 million daily transactions, it's clear that UPI isn’t just a success—it’s a revolution in the way the world moves money. 💸 In the latest episode of Couchonomics with Arjun, Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL), and a trailblazer in the global payments space talks about UPI’s meteoric rise, which is now a shining symbol of India’s fintech dominance on the global stage. 🇮🇳💡 Other amazing ideas 👉 Major trends shaking up the payments industry 👉 The evolution of faster payments and what's next 👉 Digital payment growth in the GCC 🌍 👉 The exciting rise of Central Bank Digital Currencies (CBDCs) 👉 How NPCI is teaming up with fintechs to drive innovation at scale 🚀 If you’re fascinated by payments, digital infrastructure, or how India is leading a global fintech revolution, this episode is for YOU. 👀💥 Don’t miss out on this conversation. Tap the link in the comments! 🔗🗨️ #UPI #FintechRevolution #DigitalPayments #GameChanger #GlobalFintech #Innovation #Payments #CBDCs #NPCI #GCC #FasterPayments

Exciting developments at ONDC! 🏦🤝 The Open Network For Digital Commerce (#ONDC) is expanding its reach in the financial services sector by integrating banks and fintech platforms. This move comes hot on the heels of their recent early pilots for credit disbursal through the platform. #HDFC Bank, #IDFC First Bank, #Karnataka Bank, along with fintech firms like #Fibe and others, are joining forces with ONDC to revolutionize digital commerce. According to Shireesh Joshi, CBO at ONDC, they've meticulously mapped out, digitized, and brought in players to execute the steps involved in financial services on the network. They've even tackled regulatory hurdles and conducted successful test transactions. This integration could be a game-changer, opening up new avenues for financial services delivery and promoting greater financial inclusion in India. Stay tuned for more updates on this exciting collaboration! #Fintech #DigitalCommerce #FinancialInclusion #Banking #Innovation #India

𝐂𝐫𝐞𝐚𝐭𝐞 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐞 𝐂𝐨𝐧𝐪𝐮𝐞𝐫 Being in the business since long, I've closely observed the fintech landscape in India evolve and undergo a remarkable transformation. The pace at which financial services are becoming more accessible is truly unprecedented. At the Global Fintech Festival 2024,𝐏𝐫𝐢𝐦𝐞 𝐌𝐢𝐧𝐢𝐬𝐭𝐞𝐫 𝐍𝐚𝐫𝐞𝐧𝐝𝐫𝐚 𝐌𝐨𝐝𝐢 highlighted the significant strides fintech has made in democratizing financial services, reaching even the most remote corners of the country. At Yudiz Solutions, we are not just witnessing this revolution; we are actively contributing to it. Our close collaboration with ABCMAPP exemplifies our commitment to creating innovative, secure solutions that address both national and global financial needs. Together, we are simplifying financial transactions while ensuring that these services are inclusive, empowering individuals across all socioeconomic backgrounds. The foundation laid by initiatives like the Jan Dhan, Aadhaar, and mobile trinity has been pivotal in advancing financial inclusion. At Yudiz Solutions, along with ABCMAPP, we are building on this foundation, leveraging cutting-edge technology to ensure that financial services are seamless, secure, and accessible to everyone. As we continue to innovate and expand, our goal is clear: to contribute to a dynamic, inclusive fintech ecosystem that meets the evolving needs of users worldwide. #GFF #GFF24 #GlobalFintechFest #PrimeMinister #India #FintechRevolution #FintechInnovator |National Payments Corporation Of India (NPCI)| Subho Ray | Gaurav Chopra | Ministry of Electronics and Information Technology | Payments Council of India | Fintech Convergence Council | GIFT City | |Mr. Harjinder Kang, His Majesty's Trade Commissioner for South Asia and the British Deputy High Commissioner for Western India, Department for Business and Trade | | Mr. Edward Bass, Inward Investment Manager, Department for Business and Trade |

Reflecting on the success of the Bharat Fintech Summit 2024, here are some key takeaways from this event that address the challenges in the BFSI domain and our intelligent solutions for it. #BharatFintechSummit2024 #KeyTakeaways #TimbleGlance #MoreDataMoreOpportunities #TimbleSurakshaKavach The Digital Fifth, Dhananjay Goel, Himanshu Batraa, Nitin Dev Yadav, Sahil Vijan, Vijay Kumar Yadav

Qfix education Software is a system that helps educational institutions manage their fee collection, online learning, and student services. It has the following features1: Fee Collection: Qfix enables institutes to collect fees from students through various payment modes, such as debit card, credit card, UPI, net banking, or MPOS. It also provides fee management, fee financing, and fee reconciliation services. Online Learning: Qfix supports teachers and students to deliver, use, manage, and track online training and education. It allows teachers to create and share courses, assignments, quizzes, and feedback. It also enables students to access and complete their learning activities, interact with their peers and teachers, and monitor their progress. Student Services: Qfix offers a ISA where Daily notifications & Reminders gives clear communication to student's & Parents.It also facilitates everyday processes and workflows associated with the school ecosystem, such as attendance, examinations, e-notice boards, and more. Qfix is a comprehensive and innovative solution for the education sector, which aims to transform pedagogy into a seamless digital experience.

The #bfsi and fintech summit by Dun & Bradstreet India has begun. The first speaker Arun Singh shared his valuable insights…on how India is an emerging global leader in fintech. How #upi fuels commerce at a colossal scale with ease. #Lendingtech is a space to watch out for…for many more such insights, Watch out for this space for the entire video of the summit #GrowwithDNB #dnbbfsinfintech

🚀 Witnessing an extraordinary surge, UPI's journey from 1 billion transactions in 2019 to an anticipated 60% growth by 2024 is revolutionizing India's digital payment sphere. Dominating the scene, P2M transactions lead with 300M users and 500M merchants, a testament to robust growth. 🌐 NPCI's strategic expansion through NIPL catapults UPI and RuPay onto the global stage, breaking new ground in Singapore, UAE, Bhutan, and more. This international reach is redefining cross-border, interbank transactions. 📈 A remarkable 78% CAGR from 2018 to 2023 underscores UPI's meteoric rise, signaling a new era in fintech. Stay tuned for what's next! #DigitalPayments #UPIGrowth #DigitalIndia #FintechRevolution #GlobalPayments #NPCI #NIPL #RuPayInternational #UPIExpansion #CashlessEconomy #FinancialInclusion #TechInnovation #MobilePayments #SeamlessTransactions #P2M #FinancialTechnology #NPCIInternational #UPIInnovation #UPI2024 #FinancialPartnerships #IMARCServices #imarcgroup #marketresearch #marketinsights #greatplacetoworkcertified #bestworkplacesforwomen