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National Payments Corporation of India

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Growth and global expansion of India's UPI ecosystem

8 clusters · 58 sources · last updated

Latest: India's UPI processes nearly 80 crore transactions daily

Following its 10th anniversary in August 2026, the Unified Payments Interface (UPI) continues to drive India’s digital economy. Since its 2016 launch, annual transaction volumes have grown approximately 13,000-fold, reac

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India UPI MDR implementation deferred until after Diwali

24 clusters · 161 sources · last updated

Latest: Delhi traders welcome postponement of UPI Merchant Discount Rate

The Unified Payments Interface (UPI) in India is transitioning from a largely free network to a model incorporating a Merchant Discount Rate (MDR) to cover annual operating costs. Effective October 15, 2026, a 0.4% MDR w

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India quick commerce market growth projections

3 clusters · 16 sources · last updated

Latest: India quick commerce growth expected to accelerate

Reports indicate significant growth projections for India’s quick commerce market, which is expected to reach a valuation between $70 billion and $90 billion by 2031. This represents a substantial increase from the $13 b

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