Target 1 billion UPI transactions per day in 2-3 years: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Monday urged stakeholders, including the National Payments Corporation of India (NPCI), to target achieving one billion Unified Payments Interface (UPI) transactions per day within the next 2–3 years, while also accelerating the platform’s internationalisation.

Currently, UPI handles an average of around 580 million transactions daily, according to NPCI data.