Mumbai: The country’s Unified Payments Interface (UPI) has the potential to touch 100 billion transactions in the next 10-15 years backed by credit growth, according to Dilip Asbe, CEO of National Payments Corporation of India (NPCI). “We are looking at 100 billion transactions in the next 10-15 years which is a fairly achievable number. And, credit is going to be the backbone of this growth,” Asbe said at the Global Fintech Fest here. He pointed out that credit has already been launched on UPI and the commercials would be released within in a couple of weeks. “I think the small ticket and high-frequency credit is going to be important to reach that goal.” He also said that growing fintech
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