Unified Payments Interface (UPI), India’s flagship digital payment system, achieved a historic milestone in December 2024, clocking 16.73 billion transactions, according to data released by the National Payments Corporation of India (NPCI). This figure underscores the rapid growth and
India’s Unified Payments Interface (UPI) continues to redefine digital payments, hitting an all-time high of 16.73 billion transactions in December 2024. The National Payments Corporation of India (NPCI) reported that these transactions amounted to a staggering ₹23.25 trillion in value, reflecting the increasing adoption of UPI across the country. Unprecedented Growth in