RBI Cybersecurity Compliance Checklist for Banks & NBFCs in 2025
Digital payments in India have expanded exponentially, and UPI alone is anticipated to register over 130 billion transactions by the end of 2025. This explosive growth goes beyond convenience, meaning that millions of people in India are fundamentally changing how they pay for things. UPI currently accounts for about 80% of retail payments in India and facilitates over 13.5 billion transactions per month, with year-on-year growth of a massive 35%.