HDFC Bank has integrated the Reserve Bank of India’s Central Bank Digital Currency, the Digital Rupee (e₹), into its SmartGateway platform, enabling merchants to accept zero-cost, secure, and sovereign-backed digital payments alongside UPI, cards, and net banking.
Tag: Cashless Economy
UPI Crosses 20 Billion Monthly Transactions for the First Time in August 2025
Unified Payments Interface (UPI) has set a historic record, crossing 20 billion transactions in a single month for the first time in August 2025. This milestone underlines India’s rapid digital payments adoption and global leadership in fintech innovation.
