India Could Achieve 100 Billion Monthly UPI Transactions: NPCI CEO

  • India has the potential for 100 billion monthly Unified Payments Interface (UPI) transactions, ten times its current volume, according to NPCI CEO Dilip Asbe.
  • Currently, there are 350 million UPI users but potential growth could triple due to increased users and merchants.
  • NPCI is also planning internationalization of UPI and working towards enabling seamless payments between India and half of the top-30 markets by 2030.
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