UPI transactions can touch 100 bn in next 10-15 years : Dilip Asbe

India’s Unified Payments Interface (UPI) has the potential to touch 100 billion transactions in the next 10-15 years but this will come on the back of credit growth, said Dilip Asbe, chief executive officer (CEO) of the National Payments Corporation of India (NPCI).

“We are looking at 100 billion transactions in the next 10-15 years and have done the math earlier too …and it is a fairly achievable number. And, credit is going to be the backbone of this growth,” said Asbe.