India’s digital payments landscape continues to expand, with RuPay emerging as a key player in the credit card and UPI ecosystem. According to the National Payments Corporation of India (NPCI) Chief, Mr. Dilip Asbe, RuPay cards account for 16% of all credit card spending, and nearly half of these transactions are done via credit on UPI. This highlights the growing adoption of RuPay-linked UPI credit, which is reshaping how Indians make payments.

RuPay and UPI Credit: Transforming Digital Transactions

RuPay, India's indigenous card payment network, has rapidly gained market share, supported by over 30 banks issuing RuPay credit cards. With the integration of UPI credit, RuPay has become a preferred choice for millions of users, offering seamless and convenient digital transactions.

• As per the latest Ministry of Finance data, RuPay credit on UPI saw 750 million transactions worth ₹63,825.8 crore (US$ 7.30 billion) by October in FY25.
• In comparison, FY24 recorded 362.8 million transactions valued at ₹33,439.2 crore (US$ 3.83 billion), indicating a huge surge in adoption and transaction volume.

This growth signifies a major shift towards cashless transactions, where UPI credit is becoming a mainstream payment method. The ability to link RuPay credit cards to UPI apps like BHIM, PhonePe, Paytm, and Google Pay has made digital payments more accessible, especially for small-ticket purchases and daily transactions.

NPCI’s International Expansion and AI Focus

NPCI is not only strengthening digital payments within India but is also expanding its presence globally. To support this vision, a massive 5 lakh square feet headquarters is being established in Mumbai’s Bandra-Kurla Complex (BKC), with a 5,000-member capacity focused on R&D and international expansion.

The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated land for this state-of-the-art infrastructure, which will serve as NPCI’s global headquarters. The focus will be on leveraging artificial intelligence (AI) to enhance payment security, efficiency, and innovation.

NPCI’s international arm, NPCI International Payments Limited (NIPL), is leading the expansion of UPI in multiple countries. UPI is already accepted in seven countries, including Bhutan, Mauritius, Nepal, Singapore, Sri Lanka, and France, with plans to launch in Qatar, Thailand, and other Southeast Asian markets.

UPI’s Global Adoption and Future Growth

UPI has transformed India's payment ecosystem, and its international adoption is accelerating. With over 20 digital payment apps supporting UPI for cross-border transactions, Indian tourists and expatriates can now use familiar payment methods abroad.

• UPI’s expansion into Qatar, Thailand, and other regions will further boost its global footprint.
• AI-driven payment solutions will enhance transaction security, fraud detection, and user experience.
• The partnership between NPCI and global financial networks will help scale RuPay and UPI on an international level.

India’s Growing Digital Payment Ecosystem

With RuPay cards gaining momentum, India’s journey toward a cashless economy is accelerating. The integration of credit on UPI, the expansion of UPI internationally, and NPCI’s focus on AI-driven innovation are paving the way for the future of digital payments.

As more banks issue RuPay credit cards and UPI adoption grows worldwide, India is set to become a global leader in digital financial transactions.

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