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The volume of UPI-based digital payments in the south Asian country of India was over 83 billion in financial year 2023. This was a significant increase from the previous financial year's value of around 45 billion. Increased penetration of smart service applications and digital technologies are the primary contributors to the enormous growth in digital payments in the country.
Volume of UPI-based digital payments across India from financial year 2017 to 2023 (in millions)
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Reserve Bank of India. (May 30, 2023). Volume of UPI-based digital payments across India from financial year 2017 to 2023 (in millions) [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India. "Volume of UPI-based digital payments across India from financial year 2017 to 2023 (in millions)." Chart. May 30, 2023. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India. (2023). Volume of UPI-based digital payments across India from financial year 2017 to 2023 (in millions). Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India. "Volume of Upi-based Digital Payments across India from Financial Year 2017 to 2023 (in Millions)." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India, Volume of UPI-based digital payments across India from financial year 2017 to 2023 (in millions) Statista, https://www.statista.com/statistics/1171874/india-volume-of-digital-payments/ (last visited May 09, 2024)
Volume of UPI-based digital payments across India from financial year 2017 to 2023 (in millions) [Graph], Reserve Bank of India, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/1171874/india-volume-of-digital-payments/