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BHIM Eyes 5% UPI Share Within Three Years

18 March 20261 min read
BANKING & FINANCEBHIM Eyes 5% UPIShare WithinThree Years18 March 2026safalsetu.com

Why in the news

The BHIM payments app has set itself a growth goal for UPI, backed by NPCI’s wish to offer a publicly owned choice next to private apps.

Key facts

  • App: BHIM; promoter: National Payments Corporation of India (NPCI).
  • Goal: roughly 5% of UPI transaction volume.
  • Timeline: within the next three years.
  • Aim: break into the top 5 UPI apps.
  • Positioning: a sovereign alternative to private payment apps.

Significance

A larger share for BHIM would give users an NPCI-backed option in a market dominated by private players.

Exam angle

  • Parent body of BHIM: NPCI.
  • Target share: 5% of UPI volume.
  • Timeframe: three years.

Test yourself

1. What share of UPI transaction volume is the BHIM app targeting within three years?

BHIM is aiming for around 5%.

2. Which organisation is positioning BHIM as a sovereign alternative to private payment apps?

NPCI is behind the BHIM positioning.

3. BHIM's target is meant to place it among the top how many UPI apps?

The aim is to enter the top five.

This topic is part of Daily Current Affairs 18 March 2026 (29 topics).

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