The National Payments Corporation of India is looking at USD 1 trillion worth of transactions through UPI on an annual basis, as digital payments are progressing in the country.
“Looking at the value, we believe that the value of UPI will be well over USD 1 trillion on an annual basis. We are looking at about 300 million active users monthly on the digital payments ecosystem. All put together, UPI might be around 200 million,” Asbe said.[Via]