Digital Payment Transactions Surge With Over 18,000 Crore Transactions in 2024-25



Quick Summary
Digital payment transactions in India have seen a significant rise, exceeding 18,000 crore in the financial year 2024-25, with UPI transactions forming a major part of this growth. To ensure security and prevent financial cybercrimes, the RBI and NPCI have implemented measures like device binding, two-factor authentication, and transaction limits. They are also running awareness campaigns and utilising AI/ML for fraud monitoring, alongside government initiatives like the National Cybercrime Reporting Portal.

RBI, NPCI Launch Awareness Campaigns and AI-Based Solutions to Prevent Financial Cybercrimes The digital payments transactions including transactions through Unified Payment Interface (UPI) have increased consistently during the last five financial years. Total Digital Payment Transactions (Includ
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FAQ :

In the financial year 2024-25, over 18,120.82 crore digital payment transactions took place, as of January 2025.

UPI (Unified Payment Interface) is a key component of digital payments in India, and its transactions are included in the total digital payment transaction figures.

Measures include device binding, two-factor authentication via PIN, daily transaction limits, and curbs on certain use cases. NPCI also provides AI/ML-based fraud monitoring solutions to banks.

Citizens can report cyber incidents and financial frauds through the National Cybercrime Reporting Portal (www.cybercrime.gov.in) or by calling the National Cybercrime Helpline Number 1930.

'Chakshu' is a facility launched by the Department of Telecommunications (DoT) that allows citizens to report suspected fraudulent communications received via call, SMS, or WhatsApp.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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