UPI Most Preferred Mode for Digital Payments in India in 2022; 87.92 Billion Transactions Processed: Report

UPI was the most preferred mode for digital payments in 2022, according to a Worldline report. Over 87.92 billion transactions worth Rs 149.5 trillion were processed in last year, and Person-to-Merchant (P2M) and Person-to-Person (P2P) UPI payments were the most popular choices for users in India, as per the report.