The volume of UPI-based digital payments in the south Asian country of India was over *** billion in financial year 2024. This was a significant increase from the previous financial year's value of around ** billion. Increased penetration of smart service applications and digital technologies are the primary contributors to the enormous growth in digital payments in the country.
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Reserve Bank of India. (June 3, 2024). Volume of UPI-based digital payments across India from financial year 2017 to 2024 (in millions) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India. "Volume of UPI-based digital payments across India from financial year 2017 to 2024 (in millions)." Chart. June 3, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India. (2024). Volume of UPI-based digital payments across India from financial year 2017 to 2024 (in millions). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India. "Volume of Upi-based Digital Payments across India from Financial Year 2017 to 2024 (in Millions)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 3 Jun 2024, /statistics/1171874/india-volume-of-digital-payments/
Reserve Bank of India, Volume of UPI-based digital payments across India from financial year 2017 to 2024 (in millions) ÌÇÐÄÆÆ½â°æ, /statistics/1171874/india-volume-of-digital-payments/ (last visited July 24, 2026)
Volume of UPI-based digital payments across India from financial year 2017 to 2024 (in millions) [Graph], Reserve Bank of India, June 3, 2024. [Online]. Available: /statistics/1171874/india-volume-of-digital-payments/