Indians Ditch Debit Cards: UPI Powers 85% of Transactions | Vantage on Firstpost | 4K
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YouTubeFirstpost
Indians Ditch Debit Cards: UPI Powers 85% of Transactions | Vantage on Firstpost | 4K
India’s Unified Payments Interface, or UPI, now handles more than 85% of the country’s digital payments, according to recent data. Monthly UPI transactions have crossed 30 lakh crore rupees, while debit card usage has fallen sharply since 2021. The system processes over 18 billion transactions every month across cities, towns, and local ...
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