Status of Digital Payments by NPCI.
                     STATUS OF DIGITAL 
PAYMENTS BY NPCI
INTRODUCTION
• Digital payments recorded highest volume transaction after 
NCPI suggested to use the platform for contactless transaction.
• Nationwide lock down due to COVID 19 pandemic have created 
ample opportunity for digital platforms.
Source: The Economic Times
COVID 19 IMPACT
• In digital payment business there was a huge decline in April 
but  from May onwards recovery has started.
• NCPI urges India to use digital transaction for contactless 
payment.
Source: Business Standard
PRE LOCKDOWN TO POST LOCKDOWN
• An improvement has marked from  pre lockdown to post 
lockdown in terms of ticket sizes. 
• There has been an improvement in ticket sizes by 10% to 20% 
across categories.
Source: Bain
PAYMENT INTERFACE
• An increase in number of new users and merchants was noticed 
on different payment apps.
• The growth was noticed in different payment interfaces. 
– Unified Payment Interface(UPI)
– Immediate Payment Services(IMPS)
– Bharat Interface for Money(BHIM)
Source: The Economic Times
GROWTH IN DIGITAL PAYMENTS
• As per NCPI report in July amount transaction through UPI was 
2,90,537.86 crore.
• The volume of transaction was 149.73 crore.
 
Source: NewsBytes
UPI AMOUNT TRANSACTION IN 2020
• An increase in transaction amount was noticed through UPI in 
2020.
– July 2020 : 2,90,537 crore
– June 2020 : 2,61,835 crore
– May 2020 : 2,18,391 crore
– April 2020 : 1,51,140 crore
Source: Moneycontrol
UPI VOLUME OF TRANSACTIONS
• The volume of transaction increased the most in July to 1497 
crore. Volume of transaction is as follow:
–  July 2020 : 1497.36 crore
– June 2020 : 1336.93 crore
– May 2020 : 1234.50 crore
– April 2020 : 999.57 crore
Source: India Tv
INVESTMENT IN DIGITAL PAYMENT  
• The investment in digital payments has decreased in the past 
quarters.
• During April-June the investment remain only 184 million.
Source: Entracker
REASON FOR DECLINE
• Liquidity constraints was seen in overall disbursement in NBFC 
sector.
• This impacted the investment Fintech companies. 
Source: The Financial Express
GLOBAL MARKET
• India is on the way towards digital revolution with global 
transaction expected to reach 12.4trillion by 2025.
• As per the report by Digital India, India is expected to contribute 
2.2% of world’s digital payment market by 2023.
Source: Verdict