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India's RuPay card, new runway launched in Maldives

India's RuPay card, new runway launched in Maldives

October 7, 2024, 05:10 PM - 3 min read

The inauguration of a new runaway in the Maldives built under an airport redevelopment project assisted by India and the official launch of the RuPay card in the island nation on Monday.

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Since the past decade, India's digital payment scenario has undergone a remarkable transformation. In the fiscal year 2022 alone, the total number of digital transactions surged to 8.84 billion, surpassing a cumulative value of Rs. 3 trillion.

RuPay Cards and UPI: A decade of digital transformation

April 3, 2024, 01:07 PM - 2 min read

Under the leadership of the Modi government over the past decade, there has been unprecedented growth in the adoption of debit cards, credit cards, and UPI/retail digital transactions.  Comparing the period from 2014 to 2024, RuPay cards, which were non-existent a decade ago, have now captured approximately 80% of the debit card market share. 

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