Average daily UPI transactions in India reached Rs 90,446 crore in August 2025, with SBI as the top remitter. Peer-to-merchant payments surged, groceries dominated volume, and digital payments increasingly replaced cash, reflecting robust growth and financial inclusion, according to SBI Research.
To encourage cashless transactions and increase digital payments, South Central Railway (SCR) has introduced an additional facility for payment of charges through ‘QR code’ at 35 major parcel offices in railway stations across the six divisions of the zone.
The company has recently launched an AI tool called IDEAS (Intelligent Damage Detection Estimation and Assessment Solution) for motor insurance claim settlements.
