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Source: Economic Times
Economic Times
Source
NPCI & Payments
Category
4 min
Read time
08 Aug
Published
NPCI & Payments
4 min read· Economic TimesSBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS Setty
State Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI merchant payments may soon incur charges. UPI processes billions of transactions monthly, with rising infrastructure and cybersecurity costs. SBI reported a 13.73% rise in consolid…
State Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI merchant payments may soon incur charges. UPI processes billions of transactions monthly, with rising infrastructure and cybersecurity costs. SBI reported a 13.73% rise in consolid
#UPI#SBI
Source: Economic Times