Finance ❯Digital Payments

Unified Payments Interface (UPI)

Transaction Statistics Transaction Growth Merchant Discount Rate (MDR)

India’s Finance Ministry Denies Merchant Fee on UPI Payments

The finance ministry's clarification aims to maintain public confidence in UPI’s zero-fee structure.

India’s UPI Network Processes 185.8 Billion Transactions in FY 2024-25

UPI Transactions See Record Daily Average of 596 Million in April Despite Service Outages