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NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

Non-fungible token (NFT) transactions are expected to reach $40 million by 2027 as the metaverse trend continues to gain steam, according to a report by Juniper Research. The study noted that a 66.6% growth would be recorded during the forecast period. Per the report: “NFT transactions will rise from 24 million in 2022 to …

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No plans to levy charges on UPI transactions, says Finance Ministry

The Centre on Sunday said there are no plans to levy charges for making payments through Unified Payments Interface (UPI) while saying the service is a “digital public good with immense convenience”. The Ministry of Finance on Sunday said the concerns of service providers for cost recovery have to be met …

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Relief as Centre says not considering levying any charge on UPI transactions

The government is not considering levying any charge on transactions carried out through Unified Payments Interface (UPI), the Union finance ministry clarified on Sunday. This came amid speculation that the government may be looking to impose a fee on the popular mode of financial transaction. The Centre also said other means would be worked out …

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