https://www.taxtmi.com/news?id=27909 The Department of Financial Services is promoting rapid expansion of digital payments through the Unified Payments Interface, which has driven strong compounded growth in transaction volumes and values and now dominates real time retail payments, particularly low value person to merchant transactions; simultaneous international rollout of UPI and RuPay aims to enable cross border payments and support financial inclusion while strengthening India's role in global real time payments. en-us Fri, 20 Sep 2024 15:55:30 +0530 Fri, 20 Sep 2024 15:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27909 The Department of Financial Services is promoting rapid expansion of digital payments through the Unified Payments Interface, which has driven strong compounded growth in transaction volumes and values and now dominates real time retail payments, particularly low value person to merchant transactions; simultaneous international rollout of UPI and RuPay aims to enable cross border payments and support financial inclusion while strengthening India's role in global real time payments. News - Fri, 20 Sep 2024 15:55:30 +0530 https://www.taxtmi.com/news?id=27909