What happened
A The Indian Express UPI-focused infographic panel compares shares of different digital payment modes. In the infographic’s cited timeframe, UPI is presented as the highest-share digital payment mode among the modes shown.
Background and earlier position
UPI (Unified Payments Interface) is India’s real-time, app-based payments method for instant money transfers. In UPSC digital economy preparation, “mode share” is used as a simple adoption snapshot: it indicates how widely each payment method is used within a defined set of methods for a specific period.
What changed now
The supplied material adds an infographic-based comparison that positions UPI at the top of the digital payment mode ranking by share for the infographic’s cited timeframe. The supplied description does not provide the exact percentages or the exact start and end dates of the timeframe.
Related current affairs
- India Post Payments Bank marks 9th Foundation Day; launches DakPay Sound Box for merchants and new digital platforms (Digital Insurance Technology Platform, Digital Mutual Fund Platform)
- UPI turns a decade-old, sees 13,000-fold surge in transaction volume
- UPI’s dramatic growth, and its next challenge
- UPI and the cost of policy reversal
- UPI goes live in Greece via Eurobank-NIPL partnership
- Keynote address by DoT Secretary on cybersecurity, trustworthy ICTs and child online protection; highlights Aadhaar, UPI, IT Act and DPDP Act