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  • The Northeastern region has surpassed the national average in the adoption of Unified Payments Interface (UPI)-based digital payments, according to data presented by State Bank of India.
  • UPI transactions now account for nearly 90% of all digital transactions in the region, reflecting rapid digital transformation and growing financial inclusion.
  • The trend highlights increasing smartphone penetration, improved internet connectivity, and wider acceptance of digital payment platforms among consumers and businesses.
  • The achievement underscores the Northeast’s emergence as a leader in India’s digital economy and cashless payment ecosystem.

APSC Relevance: Digital Payments; Financial Inclusion

Published by Pragyanxetu

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