Name: BHIM UPI Product Statistics from 2016 to 2025
Creator: 360 Analytika
Published: 2025-04-28
License: https://creativecommons.org/licenses/by/4.0/

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UID: ST-20240930-IN-03

Source

National Payments Corporation of India

Last Updated

April 28, 2025

Time Range

FY’2017 – FY’2025

Periodicity

Monthly

Unit

Multiple

Sector

Digital Economy

Next Update

April 2026

Indicator Summary

Bharat Interface for Money (BHIM) is a simple, secure, and reliable mobile payment application that facilitates seamless and instant transactions between bank accounts using the Unified Payments Interface (UPI). Launched by the National Payments Corporation of India (NPCI) in December 2016, BHIM has become a cornerstone of India’s digital payment ecosystem, offering individuals an efficient way to send and receive money without physical banking. Designed to promote financial inclusion and drive India towards a cashless economy, the app enables users to make bank-to-bank payments with just a few clicks using a mobile number or Virtual Payment Address (VPA), also known as UPI ID.

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Citation information

National Payments Corporation of India. (2025). BHIM UPI Product Statistics from 2016 to 2025 (360 Analytika, Ed.) [Dataset]. https://360analytika.com/bhim-product-statistics/

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