₹ Erupee transactions hit 1 million per day - page 2.

Bitcoin Smith

sr. member

Activity: 910

Merit: 284

Cashback 15%

Quote from: pawanjain on January 05, 2024, 12:37:13 PM

As per latest data there are around 1 million transactions happening on the CBDC ledger.

Let me correct you, its not 1 million transactions per day, it's 1 million in volume per day which means 10 lakh rupees for a day and that won't even be a considerable amount to be honest and even those 1 million is achieved simply because banks tried moving funds back and forth which created volume and so they can claim there is spike in the volume.

pakhitheboss

hero member

Activity: 2100

Merit: 771

Top Crypto Casino

They achieved 1 million transaction per day by asking their employees to use it, that is some stupid tactics. Few days back I received a notification from my bank that a small transaction using the digital rupee wallet will qualify me for a bonu of INR 5. Even Amazon give more cash back than those the RBI. If they want Indians to use the digital rupee like UPI they need to provide some good offers first. Such shitty offers won't help them.

pawanjain

hero member

Activity: 2646

Merit: 713

Nothing lasts forever

As we all know we have been recently getting mails from our banks asking us to try out their Erupee apps.
The Erupee copilot program was started in December 2022 and it has been almost a year now.
Until October there were roughly 25000 transactions per day but since RBI has poked banks to pump the transaction volume they have done a few things.
Banks like Kotak, HDFC, Axis etc... have started giving employee benefits to their employees and spiked up the transaction volume.
As per latest data there are around 1 million transactions happening on the CBDC ledger.
May be banks will now reconsider the UI/UX of their apps and start improvising on it.

Source: India's digital currency transactions top 1 million/day in December

Topic: ₹ Erupee transactions hit 1 million per day - page 2. (Read 215 times)