<h1>India's Digital Payments Skyrocket to 18,000 Crore in FY 2024-25; Govt Boosts Cybercrime Measures with AI & More</h1> Digital payment transactions in India have surged, reaching over 18,000 crore transactions in the financial year 2024-25. This growth has been consistent over the past five years. To combat financial cybercrimes, the government, along with the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI), has implemented various measures such as device binding, two-factor authentication, and AI-based fraud monitoring. Awareness campaigns are conducted across multiple platforms. Additionally, the Ministry of Home Affairs has launched a National Cybercrime Reporting Portal and helpline, while the Department of Telecommunications offers platforms for reporting suspected fraud communications.