UPI transactions in India expected to reach 1 billion per day by 2026-27: Report

A report by PwC India reveals that UPI transactions in India are set to reach a remarkable milestone of 1 billion per day by 2026-27, dominating the retail digital payments landscape with 90% of total transactions. The Indian digital payments market experiences explosive growth, while credit cards continue to thrive, surpassing debit cards by FY25.