Bharat Express

UPI Transactions

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.

NPCI data shows UPI transactions surged to 18.3 billion in March, marking a 13.59% increase from February's 16.11 billion.

The government has raised an additional Rs 9,118 crore in tax revenue from over 9 million updated ITRs filed in the past four years.

The Union Cabinet approved an extension of the ₹1,500 crore incentive scheme for small digital transactions on Wednesday.

In Jan 2025, India's UPI saw an all-time high, with transactions surpassing 16.99 billion and a total value exceeding Rs 23.48 lakh crore.

IDFC FIRST Bank, in collaboration with RuPay, has introduced a new UPI-enabled credit card named FIRST EARN, offering instant online access.

UPI transactions reached an all-time high of 16.73 billion in December 2024, marking an 8% increase from the 15.48 billion transactions recorded in November 2024.

India's UPI has reached a milestone, with transactions hitting 15.48 billion in November, marking a 38% year-on-year growth.