India, April 16 -- The National Payments Corporation of India (NPCI) is reportedly planning to onboard 200-300 Mn new users into its Unified Payments Interface (UPI) fold, as a part of its effort to further boost financial inclusion in underserved segments.
A Bloomberg report, citing NPCI managing director Dilip Asbe, said that the move to add new users will include various initiatives such as delegated accounts for children and household staff.
Besides, NCPI is also focusing on expanding UPI's multilingual and conversational chat features to widen access, he added.
This comes at a time when homegrown UPI has more than 350 Mn active users. As per NPCI data, UPI transactions jumped 13.6% in March to touch an all-time high of 18.30 Bn fr...
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