According to a report from Statista, the global UPI & digital payment market is expected to reach $11.55 trillion in transactions by the end of 2024, with a yearly surge rate of 9.52% between 2024 to 2028. The rise of the Unified Payments Interface (UPI) has changed the way we deal with financial transactions.
As UPI and digital payments continue to grow, white label payment gateways are also playing a crucial role in facilitating secure transactions, supporting diverse use cases, and driving innovation in the financial sector. The adoption rate of UPI has been nothing short of phenomenal. In recent years, we have witnessed a dramatic surge in both the number of UPI users and the volume of transactions processed.