16% of card spends happen on RuPay, half of it on credit via UPI: NPCI

About 16 per cent of all credit card spends happen on the RuPay card network and nearly half of these are credit on Unified Payments Interface (UPI), a senior official from the National Payments Corporation of India (NPCI) said on Friday.

“Almost 16 per cent of total credit card spends are happening on RuPay now and 50 per cent of that is happening on UPI. Over 30 banks are issuing RuPay cards,” NPCI chief Dilip Asbe said. He was speaking at the sidelines of Mumbai Tech Week 2025.