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Kiran

Demo - Digital transactions

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1. Transactions using UPI — developed by the National Payments Corporation of India (NPCI), an umbrella organization of Indian banks — have surged nearly 57,000 percent since November 2016, when Prime Minister Narendra Modi recalled 86 percent of cash in circulation and pushed for a more cashless economy.

2. India's payments system was assigned the top rating by Fidelity National — the only system to get the top score of five among more than 40 payment systems tracked by the company.

3. UPI transactions reached almost half the value of debit and credit cards swiped at stores last month, news agency Bloomberg reported, citing data from Reserve Bank of India.

4. More and more businesses are integrating UPI into their apps. Among them are Amazon, cab-hailing firm Uber and its Indian rival Ola, Jet Airways — India's second-biggest airline by passengers — and Paytm, India's most popular mobile wallet provider. Facebook's Whatsapp, with more than 200 million users in the country, is piloting a payments service that uses UPI.

5. At stake is a digital payments market that Credit Suisse says will grow to $1 trillion (€817 billion) over the next five years. Currently, India's digital payments market is worth less than $200 billion.

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Bhayya, the rise of digital transactions is more attributable to smartphones and app ecosystem rather than demonetization. 

Nijamga demonetization Valla idi varaku money tho jarige transactions ippudu digital ga jaruguthunnai antara? We are getting used to digital because of convenience. Idi varaku auto nundi electricity bills etc money tho chesevallam, now apps are more convenient. 

 

Aa failed demo gurinchi organic growth stories theesukochchi daniki attribute chesi lepakandi :)

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Avunu villages lo andaru apps and smart phones vadutunnaru, for Pappu vuppulaku, barbershops ki, Kulilaku, inka patti teeayataniki, vari kotalaku, so and so, and andaru digital payments mainly for rapists and cow protectors, great achievement by Modi demo . And fedility it top notch achievement by feku. 

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52 minutes ago, NFans NRT said:

Bhayya, the rise of digital transactions is more attributable to smartphones and app ecosystem rather than demonetization. 

Nijamga demonetization Valla idi varaku money tho jarige transactions ippudu digital ga jaruguthunnai antara? We are getting used to digital because of convenience. Idi varaku auto nundi electricity bills etc money tho chesevallam, now apps are more convenient. 

Aa failed demo gurinchi organic growth stories theesukochchi daniki attribute chesi lepakandi :)

Demo helped in lift off, ikkada demo time threads chusthe, india lo digital enti not pozzibul ani posts untai 😁. Credit to govt. for the UPI, the beauty of UPI is you don't need smartphones and internet✌️

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Canada lo banks moved to mobile payment options. And the number of people using it..has increased. Only because of Modi. 

Indian population increased and hence facebook users increased....because of modi

Condoms sales increased due to.....malli modi

Viagara..sales increased...because of modi

Prostitutes started using mobile payments...digital economy ..Modi effect

 

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4 hours ago, Kiran said:

1. Transactions using UPI — developed by the National Payments Corporation of India (NPCI), an umbrella organization of Indian banks — have surged nearly 57,000 percent since November 2016, when Prime Minister Narendra Modi recalled 86 percent of cash in circulation and pushed for a more cashless economy.

2. India's payments system was assigned the top rating by Fidelity National — the only system to get the top score of five among more than 40 payment systems tracked by the company.

3. UPI transactions reached almost half the value of debit and credit cards swiped at stores last month, news agency Bloomberg reported, citing data from Reserve Bank of India.

4. More and more businesses are integrating UPI into their apps. Among them are Amazon, cab-hailing firm Uber and its Indian rival Ola, Jet Airways — India's second-biggest airline by passengers — and Paytm, India's most popular mobile wallet provider. Facebook's Whatsapp, with more than 200 million users in the country, is piloting a payments service that uses UPI.

5. At stake is a digital payments market that Credit Suisse says will grow to $1 trillion (€817 billion) over the next five years. Currently, India's digital payments market is worth less than $200 billion.

43267418_304.png

https://p.dw.com/p/2vYVd

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