Comments on: UPI Use Grows 10x Since Demonetization, Is Fast Catching Up To Wallets https://officechai.com/stories/upi-use-grows-10x-since-demonetization-fast-catching-wallets/ Startups, Businesses And Careers Wed, 01 Feb 2017 09:51:46 +0000 hourly 1 By: Budget 2017-18: How will digital payments be affected https://officechai.com/stories/upi-use-grows-10x-since-demonetization-fast-catching-wallets/#comment-1493 Wed, 01 Feb 2017 09:51:46 +0000 http://officechai.com/?p=25013#comment-1493 […] However, the need of the hour, with the influx of digital payments being made through various means such as wallets, cards, UPI, NEFT and IMPS is to develop a grievance handling system. During the budget, the finance minister had set a target of  2,500 crore cashless transactions in 2017-18 primarily through the Unified Payments Interface (UPI) and Aadhaar Pay. As MediaNama had reported, many transactions on the UPI are failing and customers are not able to get refunds and around the same time, transactions worth Rs 990 crore were happening on the UPI.  […]

]]>