UPI transactions fall in September; value rises marginally to Rs 24.9 lakh crore

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The Unified Payments Interface (UPI), operated by the National Payments Corporation of India (NPCI), reported a decline in transaction volume in September even as the transaction value inched up.

According to data from NPCI, UPI processed 19.63 billion transactions in September, compared with 20.01 billion in August. The total value of transactions rose marginally to Rs 24.90 lakh crore from Rs 24.85 lakh crore a month earlier.

The average daily transaction volume stood at 654 million, with a daily average value of Rs 82,991 crore.

On a year-on-year…



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UPI transactions fall in September; value rises marginally to Rs 24.9 lakh crore



The Unified Payments Interface (UPI), operated by the National Payments Corporation of India (NPCI), reported a decline in transaction volume in September even as the transaction value inched up.

According to data from NPCI, UPI processed 19.63 billion transactions in September, compared with 20.01 billion in August. The total value of transactions rose marginally to Rs 24.90 lakh crore from Rs 24.85 lakh crore a month earlier.

The average daily transaction volume stood at 654 million, with a daily average value of Rs 82,991 crore.

On a year-on-year…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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