NPCI reduces UPI technical decline rates to 0.8%. With 400M users, UPI Lite is set to enhance payment efficiency and improve user experience.
The National Payments Corporation of India has achieved a remarkable technological breakthrough by reducing UPI technical decline rates to 0.8%. This is a dramatic improvement from the figures of 2016. The enhancement represents a huge moment for India’s digital payment infrastructure, particularly considering the platform’s massive user base of 400 million active users. Such improvements not only enhance user experience but also strengthen confidence in digital financial technologies. The achievement reflects sophisticated technological interventions, strategic infrastructure investments, and a persistent pursuit of operational excellence in India's digital payment world.
