RuPay credit card UPI transactions double in first seven months of FY25
By
Binu Mathew
Transactions processed through the Unified Payments Interface (UPI) on RuPay credit cards doubled in the first seven months of financial year 2025 (FY25) compared to the same period of FY24, data from the Ministry of Finance shows.
RuPay is India’s own payment network system. It was launched in 2o12 by government-backed National Payments Corp of India (NPCI). While the RuPay credit card was started in June 2017.