Thursday, 7 March, 2024

RBI Reports UPI Dominance in Digital Payments

According to RBI, nearly 8 out of 10 digital payments are conducted through UPI, indicating the platform's widespread adoption and dominance in the digital payments landscape. This statistic underscores the significant role of UPI in facilitating seamless and convenient transactions for users across various sectors. The report highlights the continued growth and popularity of UPI as a preferred digital payment method in India.