UPI's 99.8% Domination in 2025: From Jan Dhan to Global QR – Fintech Revolution Reshaping India's Cashless Future

UPI’s 99.8% Domination in 2025: From Jan Dhan to Global QR – Fintech Revolution Reshaping India’s Cashless Future

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UPI transactions: 15 billion/month (NPCI, October 2025) – 99.8% volume share, 97.7% value. From 2019’s 60%, it’s a fintech tsunami, tying into $50k cr FDI (Goyal). X: @BJP4India (200 likes) on global QR relevance.

UPI Explosion: 15B Txns, Rural Reach

Jan Dhan: 50 crore accounts, RuPay cards +20%. Starlink demos (October 30-31, Mumbai) eye rural broadband. Comparisons: China’s Alipay vs. UPI’s free model – India leads EM.

Fintech Funding: Top-3 Global

$10B H1 inflows (KPMG). NBFCs: ₹52T AUM, 15% growth. X: @ManuJemini on co-lending.

Challenges: Fraud, Inclusion

Fraud: ₹1k cr (RBI); solutions: AI detection. 20% unbanked? CNAP pilot (DoT) helps.

Cashless India: UPI’s J-curve profitability.

Highlights

  • Volume King: 99.8% share, 15B txns/month – rural via Starlink.
  • Funding Surge: $10B H1, top-3 global; NBFC AUM ₹52T.
  • Fraud Fight: ₹1k cr losses; AI up 30% detection.

Also Read UPI Volumes Set to Explode: From ₹104T to ₹378T by 2035

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