“UPI has had the fastest acceptance rate not just among payment platforms but digital platforms of any kind,” Dilip Asbe, chief executive officer of the National Payments Corporation of India, has told Bloomberg. “We aim to expand the UPI [Unified Payments Interface] base to 500 million users in the next three years,” he added.
Read the rest of India’s bank-led UPI instant payments platform reports 1bn mobile transactions at NFCW.