Underlying digital payments infra must meet upcoming rise: Google Pay exec

Points to the surge the number of UPI transactions, which are nearly doubling each year

Even as more people adopt digital payments and the number of unified payment interface (UPI) transactions reaching 4.2 billion in the month of October, it is important that the underlying infrastructure enabling these payments is prepared to take the further rise, said  Ambarish Kenghe Vice President, Product Management at Google Pay.

As the number of UPI transactions increases, nearly doubling each year, it is "critical that the infrastructure is ready for it. We (Google Pay) are of course preparing ourselves for it. But as an ecosystem, as a community, we have to make sure that everybody is ready on that front