UPI now has 346 partner banks as a part of the ecosystem. It is now accepted in countries like the UAE, Singapore, France and Bhutan.
To stay away from potential online fraud, the Centre through the advisory also asked people not to share personal information, such as contact numbers and sensitive banking details, with anyone.
With the Modi government giving an extra push to digital transactions post the demonetisation, the Naveen Patnaik government has made digital transactions its core policy. The BMC's cashless drive in vending zones is being seen as State's measure to push online transactions.
Bengaluru: Online transactions saw a growth of 76 per cent in the first quarter of 2021 as compared to 2020, as tier 2 and 3 cities and towns continued to…