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In presumption of volume, the outgo transactions grew from 3,248 crore successful Calendar Year (CY) 2019 to 20,849 crore successful CY 2024. In presumption of value, from ₹1,775 lakh crore to ₹2,830 lakh crore during this play according to Payments Systems Report, a bi-annual work released by the Reserve Bank of India (RBI) connected Thursday (October 23, 2025).
In the Half Year (HY) ending June 2025, transaction measurement was 12,549 crore, amounting to ₹1,572 lakh crore. Almost each of the maturation successful payments was attributable to integer outgo transactions.
“In CY 2019, integer payments accounted for astir 96.7% of the full outgo transactions by measurement and 95.5% by value,” arsenic per the report.
By CY 2024, these figures had risen to 99.7% successful presumption of measurement and 97.5% successful presumption of value. This inclination continued successful H1 of 2025, with integer payments comprising 99.8% of measurement and 97.7% of value.
Unified Payment Interface (UPI) has go the astir wide utilized retail Fast Payment System (FPS) successful India due to the fact that of its efficiency, circular the timepiece availability, and easiness of use. The measurement of UPI transactions has accrued importantly from 1,079 crore transactions successful CY 2019 to 17,221 crore transactions successful CY 2024. The full worth of transactions grew from ₹18.4 lakh crore successful CY 2019 to ₹246.8 lakh crore successful CY 2024.
In H1 of CY 2025, the measurement of UPI transactions stood astatine 10,637 crore amounting to ₹143.3 lakh crore successful value. The little mean summons size of UPI transactions indicates that UPI is utilized chiefly for tiny worth transactions.
“Digital Payments successful India person grown exponentially successful the past decade. During this period, integer transactions person accrued 38 times successful measurement presumption and much than 3 times successful worth terms,” the RBI said.
“The CAGR for the decennary ending 2024 was 52.5% successful presumption of measurement and 13% successful presumption of value. In the past 5 years alone, integer payments successful India person accrued 6.6 times successful measurement and 1.6 times successful value,” RBI added. “This amounts to a five-year CAGR of 46% successful presumption of measurement and 10% successful presumption of value,” the RBI said.
During the play CY 2019 to CY 2024, NEFT transactions much than tripled successful presumption of volume, from 262.2 crore to 926.8 crore. However, during the aforesaid period, successful presumption of value, they grew from ₹232.9 lakh crore to ₹432.8 lakh crore.
In H1 of CY 2025, NEFT has already processed 490.5 crore transactions, amounting to ₹237.0 lakh crore, indicating sustained maturation and wide adoption.
Large worth outgo strategy RTGS transactions measurement grew from 14.8 crore successful CY 2019 to 29.5 crore successful CY 2024, portion transaction worth accrued from ₹1388.7 lakh crore to ₹1938.2 lakh crore during this period.
In CY 2025, by H1 alone, RTGS recorded 16.1 crore transactions amounting to ₹1,079.2 lakh crore, indicating sustained maturation and usage. As per RBI information recognition paper transaction volumes accrued from 208.7 crore successful 2019 to 447.2 crore successful 2024, portion worth roseate from ₹7.1 lakh crore to ₹20.4 lakh crore. In H1 of 2025, 266.3 crore transactions amounting to ₹11.1 lakh crore were recorded.
Transactions successful debit cards person witnessed a diminution since 2019, some successful measurement and value. In measurement terms, debit paper transactions declined from 495.32 crore successful CY 2019 to 173.80 crore successful CY 2024, portion successful worth terms, they declined from ₹6.83 lakh crore to ₹5.15 lakh crore during this period.
In H1 of 2025, debit cards recorded 69.09 crore transactions valued astatine ₹2.22 lakh crore. While Prepaid Payment Instrument (PPI) transaction measurement roseate from 516.2 crore successful CY 2019 to 698.9 crore successful CY 2024, transaction worth remained astir astatine the aforesaid level of ₹2.23 lakh crore during this period.
During H1 of 2025, PPIs recorded transaction measurement of 404.7 crore and worth of ₹1.23 lakh crore. PPI issuance fell from 190 crore (175.5 crore wallets and 14.5 crore cards) successful June 2020 to 135.2 crore (86.8 crore wallets and 48.4 crore cards) successful June 2025.
The maturation of Bharat Bill Payments System (BBPS) has been remarkable, with transaction measurement rising from 12.6 crore successful CY 2019 to 217.5 crore successful CY 2024.
Transaction worth surged 41 times, from ₹0.2 lakh crore to ₹7.7 lakh crore during the aforesaid period. In H1 of 2025 alone, BBPS recorded a transaction measurement of 149 crore and a worth of ₹ 6.95 lakh crore. The fig of billers besides expanded significantly, from 134 successful June 2019 to 22,378 successful June 2025.
The National Electronic Toll Collection (NETC) infrastructure has expanded rapidly. The fig of toll plazas onboarded accrued from 505 successful June 2019 to 1,782 successful June 2025. FASTag issuance grew from 52 lakh to 11.11 crore during the aforesaid period.
The usage of nationalist automated clearing location NACH has grown importantly successful caller years. The measurement of transactions accrued from 324.7 crore successful CY 2019 to 677.1 crore successful CY 2024.
Transaction worth roseate from ₹16.6 lakh crore to ₹42.2 lakh crore during the aforesaid period. In the archetypal fractional of 2025 alone, NACH processed 358.8 crore transactions amounting to ₹24.47 lakh crore. Notably, NACH Credit transactions consistently outpace NACH Debit transactions, reflecting the platform’s salient relation successful bulk disbursements.
The Immediate Payment Service (IMPS) is different FPS successful India, enabling real-time colony of transactions. The idiosyncratic transaction bounds nether IMPS is ₹5 lakh crossed each channels, but for SMS and IVR.
IMPS transactions person shown important growth, with measurement doubling from 238.3 crore successful CY 2019 to 593.8 crore successful CY 2024. More notably, the full transaction worth tripled during the aforesaid play from ₹21.8 lakh crore to ₹70.7 lakh crore. In H1 of CY 2025, IMPS recorded 267.2 crore transactions amounting to ₹37.1 lakh crore.
Clearing Corporation of India Limited (CCIL) operated LVPS see Government Securities Market, Forex Clearing, and Rupee Derivative Markets.
In caller years, the CCIL transactions person observed an expanding trend. In presumption of volume, they accrued from 35 lakh successful CY 2019 to 45 lakh successful CY 2024, while, successful presumption of value, they accrued from ₹1270 lakh crore to ₹2,780 lakh crore during this period.
