Half of world’s real time digital transactions happen in India, says FM Sitharaman

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Finance Minister Nirmala Sitharaman said that India is leading in the digital payments system with half of the world’s real time digital transactions happening in the country.

Speaking at the Global Fintech Fest 2025 in Mumbai on Tuesday, October 7, Sitharaman said, “Half of world’s real time digital transactions happen in India with adoption rates of 87% vs the world average of 67%.”

“India processed over 18,580 crore UPI transactions worth 261 lakh crore in financial year 2024-25,” the FM added.

The Finance Minister also said that fintech in…



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Half of world’s real time digital transactions happen in India, says FM Sitharaman


Finance Minister Nirmala Sitharaman said that India is leading in the digital payments system with half of the world’s real time digital transactions happening in the country.

Speaking at the Global Fintech Fest 2025 in Mumbai on Tuesday, October 7, Sitharaman said, “Half of world’s real time digital transactions happen in India with adoption rates of 87% vs the world average of 67%.”

“India processed over 18,580 crore UPI transactions worth 261 lakh crore in financial year 2024-25,” the FM added.

The Finance Minister also said that fintech in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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