UPI soars on low-value transactions, debit card usage declines

Bengaluru: Unified Payments Interface (UPI) payments soared in 2024, according to executives of digital payments fintech Worldline Global Services Pvt Ltd during a webinar organised by the company on Wednesday. In the July to December period of 2024 (H2 2024), UPI transaction volumes grew 42% year-on-year, reaching 93.23 billion transactions in the period.