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UPI forms 10% of overall retail payments in FY21, says Macquarie report

UPI saw its FY21 annual throughput value at Rs 41 trillion, almost 2.8x that of credit and debit card at Point of Sale combined, and almost 20x that of prepaid payment instruments.

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The National Payments Corporation of India’s (NPCI) flagship payment platform, Unified Payments Interface (UPI), made up for 10 per cent of overall retail payments in FY21 (excluding RTGS), growing at

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First Published: Aug 16 2021 | 3:11 PM IST

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