UPI Usage in India: - Deepstash
UPI Usage in India:

UPI Usage in India:

UPI was a game-changer in the Indian payments space in 2018. It became one of the fastest payment modes ever to bring financial inclusion to the masses.

  • Between January and December 2018, UPI saw a 7x growth in usage volumes
  • Among UPI apps, Google Pay ruled the roost with 62% of all transactions carried out on it
  • UPI ate into the share of cards and wallets in a significant manner in 2018
  • UPI adoption grew not only in Tier 1 cities but in Tier 2 and Tier 3 as well


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India retains the top spot with 25.5 bn real-time payments transactions, followed by China with 15.7 bn transactions. We are using these Services in our daily life.

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