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UPI Transactions Value Up 8 Pc To ₹23.25 Lakh Cr In December, Surges 35 Pc In 2024
The Statesman
|January 02, 2025
In a fresh record, the unified payments interface (UPI) transactions witnessed 8 percent growth (on-month) in volume, reaching 16.73 billion in December, the National Payments Corporation of India (NPCI) data showed on Wednesday.
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The UPI transaction value also surged 8 percent to Rs 23.25 lakh crore, up from Rs 21.55 lakh crore in November.
For the entire 2024, the UPI transaction volume surged almost 46 percent to 172 billion transactions, compared to 118 billion in 2023.
In value terms, UPI transactions grew by 35 percent to nearly Rs 247 lakh crore last year, compared with Rs 183 lakh crore in 2023, as per the NPCI data.
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