UPI transactions touch 20.7 billion in October, NPCI data reveals

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Unified Payments Interface (UPI) payment transactions hit the 20.7 billion mark in October, according to the data released by the National Payments Corporation of India (NPCI) on Saturday.

The transactions marked a 3.6% month-on-month (MoM) rise, up from 19.63 billion in September and 20.1 billion in August.

Highlights of the month

  • UPI transactions worth Rs 27.28 lakh crore against Rs 24.9 lakh crore in September were recorded, which reflects a 9.5% increase.
  • UPI processed an average of 668 million transactions per day, with an average daily value of Rs…



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UPI transactions touch 20.7 billion in October, NPCI data reveals



Unified Payments Interface (UPI) payment transactions hit the 20.7 billion mark in October, according to the data released by the National Payments Corporation of India (NPCI) on Saturday.

The transactions marked a 3.6% month-on-month (MoM) rise, up from 19.63 billion in September and 20.1 billion in August.

Highlights of the month

  • UPI transactions worth Rs 27.28 lakh crore against Rs 24.9 lakh crore in September were recorded, which reflects a 9.5% increase.
  • UPI processed an average of 668 million transactions per day, with an average daily value of Rs…



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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