Digital payments rise 11.1% Y-o-Y in September 2024: RBI data

Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as of September 2024, according to the Reserve Bank of India’s (RBI) index.

     

The RBI’s Digital Payments Index (RBI-DPI) for



September 2024 stands at 465.33 up from 445.5 for March 2024. The increase in the RBI-DPI index was driven by growth in payment infrastructure and payment performance across the country over the period.