The value of UPI-based digital payments in the south Asian country of India was over 200 trillion Indian rupees in financial year 2024. This was a strong increase from the previous financial year's value of over 139 trillion Indian rupees. Increased penetration of smart service applications and digital technologies are the primary contributors to the enormous growth in digital payments in the country.
Value of UPI-based digital payments across India from financial year 2017 to 2024
(in billion Indian rupees)
Characteristic
Digital payments in billion Indian rupees
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Reserve Bank of India. (June 3, 2024). Value of UPI-based digital payments across India from financial year 2017 to 2024 (in billion Indian rupees) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1171872/india-value-of-digital-payments/
Reserve Bank of India. "Value of UPI-based digital payments across India from financial year 2017 to 2024 (in billion Indian rupees)." Chart. June 3, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1171872/india-value-of-digital-payments/
Reserve Bank of India. (2024). Value of UPI-based digital payments across India from financial year 2017 to 2024 (in billion Indian rupees). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1171872/india-value-of-digital-payments/
Reserve Bank of India. "Value of Upi-based Digital Payments across India from Financial Year 2017 to 2024 (in Billion Indian Rupees)." Statista, Statista Inc., 3 Jun 2024, https://www.statista.com/statistics/1171872/india-value-of-digital-payments/
Reserve Bank of India, Value of UPI-based digital payments across India from financial year 2017 to 2024 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1171872/india-value-of-digital-payments/ (last visited September 01, 2024)
Value of UPI-based digital payments across India from financial year 2017 to 2024 (in billion Indian rupees) [Graph], Reserve Bank of India, June 3, 2024. [Online]. Available: https://www.statista.com/statistics/1171872/india-value-of-digital-payments/