NPCI chief said investment is needed for UPI to reach three billion transactions a day
Unified Payments Interface (UPI), which is expected to touch a 10X growth of three billion transactions a day, needs more investments both on the customer and the merchant side, National Payments Corporation of India (NPCI) CEO Dilip Asbe said. According to him, to sustain and feed the massive growth of transactions in UPI, there are 600 million eligible customers and close to 100 million merchants outside the digital payments ecosystem who need to come in.
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