Kiran Posted August 10, 2018 Share Posted August 10, 2018 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. https://p.dw.com/p/2vYVd Link to comment Share on other sites More sharing options...
NFans NRT Posted August 10, 2018 Share Posted August 10, 2018 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 Link to comment Share on other sites More sharing options...
V Jagadeesh Posted August 10, 2018 Share Posted August 10, 2018 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. Link to comment Share on other sites More sharing options...
hydking Posted August 10, 2018 Share Posted August 10, 2018 Steve Jobs pothe em maaku modi unadu ? Link to comment Share on other sites More sharing options...
Kiran Posted August 10, 2018 Author Share Posted August 10, 2018 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✌️ Link to comment Share on other sites More sharing options...
niceguy Posted August 11, 2018 Share Posted August 11, 2018 Demo helped aaa.. Link to comment Share on other sites More sharing options...
Saichandra Posted August 11, 2018 Share Posted August 11, 2018 2 minutes ago, niceguy said: Demo helped aaa.. Link to comment Share on other sites More sharing options...
Vinay NTR Posted August 11, 2018 Share Posted August 11, 2018 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 Link to comment Share on other sites More sharing options...
RamaSiddhu J Posted August 11, 2018 Share Posted August 11, 2018 1 hour ago, niceguy said: Demo helped aaa.. Link to comment Share on other sites More sharing options...
vinayak Posted August 11, 2018 Share Posted August 11, 2018 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. https://p.dw.com/p/2vYVd Link to comment Share on other sites More sharing options...
Kiran Posted August 11, 2018 Author Share Posted August 11, 2018 Link to comment Share on other sites More sharing options...
minion Posted August 11, 2018 Share Posted August 11, 2018 google, facebook, twitter etc ... came into existence ... because of ... modi ... Link to comment Share on other sites More sharing options...
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