NPCI chief Dilip Asbe says AI will drive next phase of India's UPI growth, fraud prevention, and credit distribution
By
Ivan Mehta
Summary
Dilip Asbe, MD and CEO of NPCI (which oversees India's UPI payment system), believes AI will play a central role in the next phase of digital payment growth in India. With UPI already handling over 750 million daily transactions and aiming for 1 billion, Asbe sees AI driving user growth, fraud prevention, and credit distribution. He also noted that newer UPI apps could become more competitive with viable commercial models. The insights come from an interview at Mumbai Tech Week 2026.
Source
bskyNPCI chief Dilip Asbe says AI will drive next phase of India's UPI growth, fraud prevention, and credit distributiontechcrunch.comKey quotes
· 2 pulledAI could drive the next half a billion users with NPCI
newer UPI apps could be more competitive with a viable commercial model
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