
CosmicTaco
UPI Transactions Hit Record High in March
- In March, Unified Payments Interface (UPI) transactions surged 13.6% to reach 18.30 billion, surpassing the previous month's 16.11 billion.
- According to NPCI data, the total transaction value for March was INR 24.77 Lakh Crore, marking a 12.8% increase from February's 21.96 Lakh Crore.
- The average daily transaction count in March rose to 590 million, compared to 575 million in February.
- On a year-on-year basis, UPI transactions saw a remarkable 36% increase in March.
- This rise follows a 5% dip in February, which had ended a streak of consecutive monthly record highs.
Source: Inc42
4mo ago
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