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digital payments

Union Minister Jyotiraditya M Scindia unveiled the UPI–UPU Integration project at the Universal Postal Congress in Dubai.

India’s digital payments grew 10.7% year-on-year as of March 2025, according to the RBI’s Digital Payments Index (DPI).

India witnessed a sharp rise in digital transactions from FY20 to FY25, reaching ₹12,000 lakh crore in value, the government told Parliament.

India’s Unified Payments Interface (UPI) has emerged as the world’s most used real-time payment system, according to the International Monetary Fund (IMF).

India leads the world in real-time digital payments, with UPI processing over 18 billion monthly transactions and expanding globally.

India emerges as the fastest-growing fintech market, driven by rising credit demand & UPI innovation, making it a top fintech investment hub.

UPI grow in popularity across India, the number of accidental transactions, such as sending money to the wrong person, is also on the rise.

India's daily Unified Payments Interface (UPI) transactions rose to 596 million in April from 590 million in March, NPCI data showed.

Finance Minister Nirmala Sitharaman on Monday stressed the need to target one billion UPI transactions per day within two to three years.

Sujith Nair, CEO and Co-Founder of the Foundation for Interoperability in Digital Economy (FIDE), declared on Friday that UPI has evolved.