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UPI transactions volume rises 52% to 78.97 billion in Jan-Jun: Report
Millennium Post Delhi
|New Delhi 11October2024
NEW DELHI: Indian instant payment system Unified Payment Interface (UPI) transaction volumes recorded a 52 per cent year-on-year surge to 78.97 billion in the first six months of 2024, according to a report.
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In its India Digital Payments Report for the first half of 2024 (January to June), payment technology service provider Worldline said on Thursday that UPI continues to rule the payment market and is rapidly expanding its reach.
“The number of UPI transactions rose significantly from 8.03 billion in January 2023 to 13.9 billion by June 2024. This growth in volume was matched by an increase in transaction value, which climbed from Rs 12.98 trillion in January 2023 to an impressive Rs 20.07 trillion in June 2024.
Denne historien er fra New Delhi 11October2024-utgaven av Millennium Post Delhi.
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