Tuesday, September 9, 2025

UPI spends on gaming drop 26% in August after real-money ban

UPI payments for digital goods dipped in August after a blanket ban on real-money gaming. Many companies had to shut down such services, which accounted for a substantial portion of their revenues. UPI transactions in other categories, like groceries and debt collection, remained strong. Overall, transaction volumes increased, but the total value slightly decreased compared to July.

from Tech-Economic Times https://ift.tt/fRSWJGX

No comments:

Post a Comment

Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...