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SUMMARY
According to NPCI data, the “Digital Goods: Games” merchant category saw 27.1 Cr transactions worth INR 7,441.1 Cr in August 2025, a decline of 23% and 26% respectively compared to July 2025
On a year-on-year basis, August 2025 saw a 11% decline from 30.3 Cr transactions last year, while the value plunged 36% from INR 11,615.3 Cr in August 2024
A staggering 80% of RMG transactions were routed through UPI, so the regulatory action was a direct hit on India’s digital payments…
