NEW DELHI: Unified (*10*) Interface (UPI) transactions crossed 10 billion mark in August, the National (*10*) Corporation of India (NPCI) stated on Thursday.
NPCI is an umbrella organisation for all retail fee programs in India. UPI is used for quick cash switch by way of cellular units around the clock.
“Drumroll please! UPI has just shattered records with an astonishing 10 billion plus transactions. Join us in celebrating this incredible milestone and the power of digital payments. Let’s keep the momentum going and continue to revolutionize the way we make transactions with UPI!,” NPCI stated on X, previously referred to as Twitter.
According to the NPCI information, the UPI transactions on August 30 stood at 10.24 billion. In worth phrases, the transaction had totalled Rs 15,18,456.4 crore.
The variety of UPI transactions in July was 9.96 billion (996.4 crore), up from 9.33 billion in June. In worth phrases, the transactions totalled Rs 15,33,645.20 crore.
UPI (Unified Payment Interface) is an on the spot fee system that enables customers to immediately switch cash to any checking account.
NPCI is an umbrella organisation for all retail fee programs in India. UPI is used for quick cash switch by way of cellular units around the clock.
“Drumroll please! UPI has just shattered records with an astonishing 10 billion plus transactions. Join us in celebrating this incredible milestone and the power of digital payments. Let’s keep the momentum going and continue to revolutionize the way we make transactions with UPI!,” NPCI stated on X, previously referred to as Twitter.
According to the NPCI information, the UPI transactions on August 30 stood at 10.24 billion. In worth phrases, the transaction had totalled Rs 15,18,456.4 crore.
The variety of UPI transactions in July was 9.96 billion (996.4 crore), up from 9.33 billion in June. In worth phrases, the transactions totalled Rs 15,33,645.20 crore.
UPI (Unified Payment Interface) is an on the spot fee system that enables customers to immediately switch cash to any checking account.
