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UPI HITS 10 BILLION PAYMENTS, GROWTH STALLS IN SEPTEMBER
The Business Guardian
|October 03, 2023
UPI transactions decreased somewhat in September but remained over the 10 billion threshold. based on information provided by National Payments Corporation
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The Unified Payment Interface (UPI), an instant payment system used in India, had 10.56 billion transactions in September after breaking the 10-billion transaction barrier for the first time in August. This decreased from 10.58 billion in August by 0.2%. Additionally, it was slightly higher in value, rising by 0.3% to Rs 15.8 trillion from Rs 15.76 trillion in August.
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