India's Digital Payments Surge in 2024-25

  Published 1 year ago

The Reserve Bank of India's Annual Report highlights significant growth in India's digital payment systems during 2024-25, with a 34.8% increase in transaction volume. Focus remained on enhancing efficiency, security, and global reach of UPI and RuPay.

  • Robust growth of 34.8% in payment transaction volume.
  • UPI transactions increased by 41.7% during the year.
  • Efforts to expand global reach of UPI & RuPay continued.

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