{"id":1029797,"date":"2026-08-19T09:49:05","date_gmt":"2026-08-19T04:19:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1029797"},"modified":"2026-08-19T11:02:36","modified_gmt":"2026-08-19T05:32:36","slug":"upi-growth-pushes-banks-to-look-beyond-payments-for-revenue-mckinsey","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/19\/upi-growth-pushes-banks-to-look-beyond-payments-for-revenue-mckinsey\/","title":{"rendered":"UPI growth pushes banks to look beyond payments for revenue: McKinsey"},"content":{"rendered":"<p>New Delhi [India], August 18 (ANI): The rapid growth of India&#8217;s Unified Payments Interface (UPI) is putting pressure on traditional payment revenue streams, pushing banks and fintech companies to look towards lending, merchant solutions and other value-added services to generate revenues, according to an August 2026 McKinsey Financial Services Practice report. <\/p>\n<p>The report, titled &#8211; &#8220;How instant payments are transforming the financial landscape&#8221;, said India has emerged as one of the world&#8217;s leading instant-payment markets, with UPI processing more than 19 billion transactions every month, accounting for nearly a third of the country&#8217;s total transaction volume.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], August 18 (ANI): The rapid growth of India&#8217;s Unified Payments Interface (UPI) is putting pressure on traditional payment revenue streams, pushing banks and fintech companies to look towards lending, merchant solutions and other value-added services to generate revenues, according to an August 2026 McKinsey Financial Services Practice report. The report, titled &#8211; &#8220;How instant payments are transforming the financial landscape&#8221;, said India has emerged as one of the world&#8217;s leading instant-payment markets, with UPI processing more than 19 billion transactions every month, accounting for nearly a third of the country&#8217;s total transaction volume.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[91,4,24],"tags":[],"class_list":["post-1029797","post","type-post","status-publish","format-standard","hentry","category-it-2-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1029797"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029797\/revisions"}],"predecessor-version":[{"id":1029833,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029797\/revisions\/1029833"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1029797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1029797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1029797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}