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For the first time, UPI clocks over 500 million transactions in a month

8 3 37
02.12.2018

Despite the slowest month on month growth since July, UPI recorded 524.94 million transactions in November, reports NPCI data.

In a first since its inception in August 2016, NPCI-owned UPI crossed the half-billion mark in the volume of transactions in a month. The National Payments Corporation of India (NPCI) said that the total number of Unified Payments Interface (UPI) transactions stood at 524.94 million this November.

However, the month-on-month growth rate of 8.8 percent is the slowest for the........

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