The UPI network processed 6.28 billion transactions worth Rs 10.63 trillion in July 2022. The UPI-credit card is widely expected to give a further boost to UPI’s capabilities and achieve its goal of processing a billion...
The RBI data shows a significant growth in digital payments in India, but what factors may have contributed to their rapid adoption across the country?
The newly constituted RBI's digital payment index (RBI-DPI) stood at 349.3 in March 2022 against 304.06 in September 2021 and 270.59 per cent in March 2021