Why India’s UPI Could See 50 Billion Transactions Per Month In 5 Years
Continuing its upward trajectory, the Unified Payments Interface (UPI) clocked 4.22 billion transactions in the month of October, registering an increase from 3.66 billion transactions in the preceding month.
The corresponding transaction value also spiked from Rs. 6.54 lakh crore to Rs. 7.71 lakh crore. This was the first month when the UPI crossed $100 billion in transaction value since its inception.
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