Cash no more? Why UPI powers nearly 9 out of 10 retail payments in India
- Posted on June 1, 2026
- By Financial Express
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- 1 min read
Cash no more? Why UPI powers nearly 9 out of 10 retail payments in India
Looking at the bigger picture, India processed over 200 billion UPI transactions in 2025-26. UPI handled 24.16 billion transactions during the year, up 30% from 18.59 billion the year before.
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