10 billion UPI Transactions
September 5 , 2023
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- 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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