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FM calls for achieving 1 bn UPI transactions per day
Business Standard
|April 29, 2025
UPI, India's real-time payments system, faced glitches for the fourth time in a little over two weeks on April 12.
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The NPCI had attributed these failures to "intermittent technical issues".
Sitharaman also called for achieving one billion per day UPI transactions in the next two-three years, while addressing infrastructure gaps and enhancing end-user experience. The minister also emphasised the importance of accelerating the internationalisation of UPI through the development of interoperable frameworks and expanding its global payment acceptance.
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