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UPI volume dips 1.8% in September ahead of MDR rollout on October 15

Monthly UPI transactions fell to 24.07 billion from August's record, while average daily payments crossed 800 million for the first time and hit a record value

UPI volume dips 1.8% in September ahead of MDR rollout on October 15

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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CBK licenses 29 more digital lenders, taking total to 281

NAIROBI, Kenya, Oct 1 – The Central Bank of Kenya (CBK) has licensed 29 additional digital credit providers (DCPs), bringing the number of regulated lenders in the sector to 281…

  • CBK authorizes 29 more digital credit providers, raising total to 281
  • Licensing expansion follows July approval of 25 DCPs
  • Since March 2022, CBK received over 900 digital credit license applications

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