Quote from: pakhitheboss on January 06, 2024, 10:39:41 AM

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.

That's too "to qualify" for a bonus of worth INR 5, wow. they need to make something like get a chance to win a share of rupees 1Crore, that will worth better than this.
It will be good if apps life paytm, phonepe, etc. integrate this wallet on their app it will be used by many people but I think it is going to be a competitor for them. Grin

Quote from: Bitcoin Smith on January 06, 2024, 02:44:40 PM

Quote from: pawanjain on January 06, 2024, 02:26:01 PM

No, it's actually the count of transactions that have hit 1 million per day as per the article I have posted in OP.

Quote

Indian banks disbursed some employee benefits through digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said.

If that is what they are saying then I don't believe in it, because it is impossible that they reached 1 million transactions mark per day when there is very few vendors that accept it as payment for the entire district so probably as I said they are doing all the transactions for themselves to increase the count but can they make such high numbers even if they do send back and forth for themselves.

it is also possible that they have just lied about it..? but it can be possible because this app is already got downloaded by 500k+ users on play store, that too be only by SBI bank's app.
the users will be huge because many banks have their own app. I don't think it is fake. but who knows.