<h1>Digital Payments Surge by 11.11% in India as RBI-DPI Hits 465.33 in September 2024</h1> Digital payments in the country increased by 11.11% year-on-year as of September 2024, according to the Reserve Bank of India's Digital Payments Index (RBI-DPI). The index rose to 465.33 from 445.5 in March 2024, driven by improvements in payment infrastructure and performance. The RBI-DPI, established in 2018, measures the digitization of payments using five parameters: Payment Enablers, Payment Infrastructure (demand and supply-side factors), Payment Performance, and Consumer Centricity. The index is updated semi-annually, with data released four months after the reporting period.