Mumbai, Digital payments across the country recorded a year-on-year growth of 10.7 percent till March 2025, according to the RBI’s index that measures the adoption of online transactions.
The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India-Digital Payments Index (RBI-DPI) from January 1, 2021, with March 2018 as the base year to reflect the extent of digitalisation of payments across the country.
The index for March 2025 is 493.22, while it was 465.33 for September 2024 and 445.5 for March 2024, RBI said in a statement.
According to the half-yearly data, “the increase in the RBI-DPI index was driven by significant growth in parameters such as payment infrastructure – supply-side factors and payment performance across the country during this period.”
The RBI-DPI comprises five broad parameters that enable measurement of the depth and reach of digital payments in the country over different time periods.
These parameters are: payment enablers (weightage 25 per cent), payment infrastructure demand-side factors (10 per cent), payment infrastructure supply-side factors (15 per cent), payment performance (45 per cent) and consumer-centricity (5 per cent).
