TNPSC Thervupettagam

10 billion UPI Transactions

September 5 , 2023 436 days 516 0
  • India’s Unified Payments Interface (UPI) have likely crossed the historic mark of 10 billion monthly volumes for the month of August.
  • Monthly transaction count on UPI crossed 10.24 billion on 30 August, with net transaction value of 15.18 trillion.
  • Transactions on UPI have grown by over 50% year-on-year, with August last year registering 6.58 billion monthly transactions.
  • UPI crossed 1 billion monthly transactions for the first time in October 2019.

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