Monthly renewals may generate greater revenue, but subsidised annual plans attract loyal, long-term users, minimize churn, foster stronger connections with audiences, micro-target them, and personalize their offerings extensively. They are also more cost-effective for customers in the long term. Also Read | Niche appeal of global series rises but local originals are still the big…
Net additions to credit cards slowed down last year due to stricter norms introduced by the Reserve Bank of India (RBI). Banks became cautious about issuing new cards amid rising delinquencies in their credit card portfolios. 10.1 million new credit cards were added in 2024 on a net basis. However, the monthly rate of card…
Thanks to UPI One World, foreign nationals and non-resident Indians can now make hassle-free payments across India seamlessly. Whether youâre a first-time overseas visitor, an NRI returning to reconnect with home, a health tourist, a student or even if youâre catching up with long-distance friends, UPI One World simplifies your payment needs, allowing you to…
Mumbai: To have the same level of efficiency as domestic payments, cross-border transactions will require going beyond the existing infrastructure, technology, process and categories of ecosystem participants, according to Reserve Bank of India deputy governor T. Rabi Sankar. âOne of the key issues we globally discuss now is how to achieve the efficiency we have…
(PTI)- The total transaction volume on UPI is expected to increase to 439 billion by 2028-29 from about 131 billion in the last financial year and account for 91 per cent of overall retail digital payments, said a PwC India Report. The report titled ‘The Indian Payments Handbook — 2024-29’ also said India’s digital payments…
Plastic cards are becoming passĂŠ with QR (quick response) codes that are scanned by using smartphones becoming the âgo-to thingâ for most people who use it to make payments on the UPI (Unified Payments Interface) platform. This digital transformation happened in just about four years. But how about moving on to fingerprints and facial identity…
