Author: Desk Admin

Transforming Credit Access through UPI and Open Banking in India

Transforming Credit Access through UPI and Open Banking in India

Key Highlights: UPI’s Groundbreaking Role in Financial Inclusion: Since its launch in 2016, the Unified Payments Interface (UPI) has transformed financial access in India, enabling 300 million individuals and 50 million merchants to perform seamless digital transactions. By October 2023, 75% of all retail digital payments in India were through