NPCI
India’s UPI Achieves Record Transactions in October
India’s Unified Payments Interface (UPI) reached a milestone in October 2024, recording 16.58 billion transactions in one month. This marks a 45% increase from the previous year. The total amount transacted was ₹23.49 lakh crore. UPI continues to revolutionize India’s ..
Month: Current Affairs - December, 2024
Category: Economy & Banking Current Affairs
What is Aadhaar Enabled Payment System (AEPS)?
The Aadhaar Enabled Payment System (AEPS) is transforming banking access in rural and semi-urban regions. It utilizes Aadhaar numbers and biometric authentication for seamless transactions. This system promotes financial inclusion for underserved populations. What is AEPS? AEPS stands for Aadhaar ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs