Dilip Asbe

NPCI CEO Dilip Asbe bats for incentives to broaden UPI base

In December 2024, the value of transactions through UPI stands at Rs 23.24 lakh crore as compared to December 2016, when it was Rs 707.93 crore and December 2020, when it was Rs 4.16 lakh crore.

Overall ecosystem looking at strategy of migration of low-ticket transactions to UPI Lite, says NPCI CEO Dilip Asbe

NPCI international is in talks with 10 other countries for the UPI and Rupay stack after partnering with five other countries, Asbe added

UPI market share will balance out, but it will take more time than we initially envisaged: NPCI CEO Dilip Asbe

In an interview with Moneycontrol, Asbe said BHIM will become a formidable app in a couple of years, ruling out any conflict with other UPI apps. He further said that small merchants are not ready for MDR yet.

AI advancements pose cyber risk: NPCI chief Dilip Asbe urges strong mitigation

"The speed of tech is concerning because we are building stacks, and the way AI is going forward, there is associated cyber risk," Asbe said.

Fastag has huge potential, 97% toll transactions are now electronic: NPCI CEO Dilip Asbe

"The volumes may remain with UPI but these products like Fastag and BBPS (Bharat Bill Payment System) will service the niche segments, " Dilip Asbe said.

UPI would not have been built if not for Mumbai: NPCI’s Dilip Asbe

This comes at a time when entrepreneurs in the financial capital of the country are uniting together to boost and promote the tech ecosystem in the city.

60-70 percent of IPO applications coming through UPI, says NPCI CEO Dilip Asbe

NPCI’s most successful product platform remains UPI, which is expected to surpass Mastercard's daily transaction volume of 440 million soon. UPI does around 340 million transactions a day. Visa, the world's largest card network, processes an average of 750 million transactions per day

Why NPCI is the crown jewel of Indian fintech

Through a series of nimble innovations, NPCI has digitised and revolutionised Indian payments space. The high profit margins helped the organisation to keep innovating at a pace that can put even the best of the fintech start-ups to shame.

NPCI launches new UPI features to achieve 100 bn monthly transactions; details here

The new products include credit line on UPI, conversational payment mode ‘Hello UPI’, BillPay Connect, UPI Tap & Pay and UPI Lite X. Nandan Nilekani calls NPCI the crown jewel of India's technology sector.

UPI aims for 2 billion transactions a day by 2030, credit to spur next growth wave: NPCI CEO Dilip Asbe

Asbe said that UPI's next big goal will be to process 100 billion transactions per month. His comments came a few days after UPI crossed the milestone of processing over 10 billion transactions in the month of August.

Bullish on India | UPI will be key to accelerating India’s economy: NPCI CEO 

UPI has 10X growth possible still from the very current base, says Dilip Asbe

Expect ONDC to hit 200,000 transactions a day by year-end: T Koshy

Koshy also said that ONDC is working to bring financial products to the network, and this is expected to happen in the next couple of months.