https://www.desidime.com/comments/permalink/10305576
Congrats @abhishek012
I wonder how many of those are rotation
UPI: The world’s favourite payment method hits $964 billion in record time
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Unified Payments Interface (UPI) processed ₹80.8
lakh crore ($964 billion) in April-July 2024, marking a 37%
year-on-year increase. UPI has become the world's leading alternative
payments method, surpassing Alipay, PayPal, and Brazil’s PIX in
transaction volume.
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https://www.desidime.com/comments/permalink/10305790
People use more rotation through credit card transactions.
Approx 99% UPI transactions are genuine transactions. Very people population uss for rotation.
Check the credit card transaction. We talk about credit card to bank rotation day and night, but in reality, only 2% to 5% of customers actually do credit card to bank rotation.
Approx 99% UPI transactions are genuine transactions. Very people population uss for rotation.
Check the credit card transaction. We talk about credit card to bank rotation day and night, but in reality, only 2% to 5% of customers actually do credit card to bank rotation.
https://www.desidime.com/comments/permalink/10305581
hmm but i can't bring myself to love UPI after my axis account got debt freeze due to lot of upi transaction 
(the bank branch employee said because of lot of transaction in UPI they cant track and thought its business transactions lol and they put "debt freeze" by "risk management team")
so UPI is not really my favorite:) as NEFT feels good for me (as i hardly use merchant transaction in UPI because I use credit card swipe not UPI credit in my use case as well)
just sharing my view:) in my opinion UPI is NOT USEFUL for hard core banking users:)
https://www.desidime.com/comments/permalink/10305769
If you do too much transaction through UPI, NEFT etc. Bank will freeze your account and ask you some ques.
Nothing to do with UPI but yes UPI is simple and easy to use that's why people think their account is freeze due to UPI.
Do same amount and number of NEFT transactions everyday and you will see.
However, banks dnt easily freeze your account for UPI merchant transactions.
Nothing to do with UPI but yes UPI is simple and easy to use that's why people think their account is freeze due to UPI.
Do same amount and number of NEFT transactions everyday and you will see.
However, banks dnt easily freeze your account for UPI merchant transactions.
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https://www.desidime.com/comments/permalink/10305764
Mera contribution bahut joga inme
. Daily 20 25 upi.. including merchant
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hmm but i can't bring myself to love UPI after my axis account got debt freeze due to lot of upi transaction
(the bank branch employee said because of lot of transaction in UPI they cant track and thought its business transactions lol and they put "debt freeze" by "risk management team")
so UPI is not really my favorite:) as NEFT feels good for me (as i hardly use merchant transaction in UPI because I use credit card swipe not UPI credit in my use case as well)
just sharing my view:) in my opinion UPI is NOT USEFUL for hard core banking users:)
Congrats @abhishek012
I wonder how many of those are rotation
Approx 99% UPI transactions are genuine transactions. Very people population uss for rotation.
Check the credit card transaction. We talk about credit card to bank rotation day and night, but in reality, only 2% to 5% of customers actually do credit card to bank rotation.