UPI adoption hits high; BHIM is heading south
July 16, 2018 2018-07-16 15:29UPI adoption hits high; BHIM is heading south
UPI adoption hits high; BHIM is heading south
The Ministry of Electronics and IT (MeitY) said recently that cashback offers for merchants were withdrawn from July 1.
According to the National Payments Corporation of India (NPCI), which runs the BHIM app, its share was at the lowest since inception in terms of UPI transactions by value at 15% of the total in June.