India’s UPI scale puts payment security at the centre of inclusion
A Finance Ministry disclosure records 554.9 million onboarded users and outlines safeguards for the digital payments network.
ASIA-PACIFIC / India
India
Digital payments, new businesses and the policies shaping a large and diverse domestic economy.
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Read the latest briefings alongside earlier decisions, investments and economic releases. Historical source dates are shown on archive stories.
India’s UPI processed 16.73 billion payments in December 2024
Government figures documented rapid payment-system growth, with annual UPI volume reaching about 172 billion transactions.
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The government’s nine-year review highlighted jobs, women directors and the spread of entrepreneurship beyond major cities.
India approved a 1,000-crore-rupee venture fund for space startups
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