UPI QR Codes Surge 91.5% In FY25; Credit Card Growth Slows
India's digital payments landscape has experienced significant shifts in the financial year 2024–25, with UPI QR codes leading the growth.
Finance Minister Targets One Billion Daily UPI Transactions Within Three Years
Finance Minister Nirmala Sitharaman on Monday stressed the need to target one billion UPI transactions per day within two to three years.
UPI Payments Restored After Nationwide Disruption Affects Millions
Digital payments through UPI were restored after a widespread outage across India disrupted transactions for millions.
UPI Transactions Surge In March; Crosses Rs 24.77 Lakh Crore
NPCI data shows UPI transactions surged to 18.3 billion in March, marking a 13.59% increase from February's 16.11 billion.
Credit Card Spending Rises 10.8% In January; Led By HDFC & ICICI Bank
Credit card spending rose 10.8% YoY to Rs 1.84 lakh crore in January 2025, led by HDFC Bank and ICICI Bank, RBI data showed.
