About Author
DIBENDU SAHA
Payments product professional, driving end-to-end product strategies and leading development across platform integration, compliance, transaction processing, and scalable digital payment solutions.
Blogs
Rise of UPI Frauds: iServeU’s Preventive Approach
UPI has redefined the digital payment ecosystem in India. In May 2025 alone, UPI processed 18.68 billion transactions worth ₹25.14 lakh crore, with 684 banks now live on the platform. This was a 33% year-on-year increase from May 2024. With 622.6 million daily transactions, UPI holds an impressive 83.4% market share of India’s digital payments landscape.
