Retail digital payments in India are expected to double to $7 trillion by 2030, primarily driven by Unified Payments Interface (UPI) adoption and usage.

We've seen this technological convergence play out in the public sector, for instance, with India's Unified Payments Interface (UPI ... when designing their architecture: 1.

with the bulk of the growth credited to the popular Unified Payments Interface (UPI). From 1.6 billion in FY13, digital transactions grew to 164 billion in FY24, the Reserve Bank of India's (RBI ...

India’s homegrown Unified Payments Interface (UPI) kept ruling the digital payments landscape securing more than 85% of the pie in terms of volume in 2024. According to the Payments System ...

Das stated that the ULI architecture has common and standardised ... Speaking about the success of Unified Payment Interface (UPI) Das said, "The current ecosystem of digital payments in India ...

Alongside, the architecture is designed for a plug ... “New trinity -- JAM, UPI (Unified Payments Interface) and ULI, Central ...

has extended the deadline for Unified Payments Interface (UPI) providers to adhere to its 30% market share limit by two more years, until December 31, 2026. In another development, NPCI has lifted ...

(Bloomberg) India's Unified Payments Interface (UPI) transactions rose to 16.73 billion in December 2024, National Payments Corporation of India (NPCI) data revealed. And this exponential rise has ...