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Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
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Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
·New Delhi, India
Read Full ArticleDigital Funds Make Up 99.8% Of All Transactions In H1 2025: RBI
New Delhi: India’s digital funds panorama continues its speedy growth, with digital transactions accounting for 99.8 per cent of the overall cost quantity and 97.7 per cent of the overall transaction worth within the first half of 2025 (H1 2025), in response to knowledge launched by the Reserve Financial institution of India (RBI). Unified Funds Interface (UPI) continues to dominate the digital ecosystem, accounting for 85 per cent of transacti…
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