Exploring NPCI’s Awaited UPI Market Share Decision

UPI Market Share

India’s digital payment revolution hinges on the Unified Payments Interface (UPI), a fast and secure way to transfer money between bank accounts. Launched in 2016, UPI payments have witnessed explosive growth, attracting many banks and payment service providers offering UPI-based solutions. However, a debate surrounds the UPI market share cap, implemented by the National Payments […]