UPI transactions grew by over 3 per cent to 6.78 billion in September from a month prior to now, information from NPCI confirmed on Saturday.
In August 2020, all the number of Unified Price Interface (UPI) based totally digital financial transactions stood at 6.57 billion (657 crore).
In price phrases, 6.78 billion (678 crore) transactions in ultimate month corresponds to transactions worth Rs 11.16 lakh crore, up from Rs 10.73 lakh crore in August, as per the Nationwide Funds Firm of India (NPCI) information.
In July, India processed 6.28 billion UPI transactions worth Rs 10.62 lakh crore.
UPI is popping right into a most popular mode amongst clients and it’s simple to utilize, fast and a secure price approach.
Amongst completely different funds methods beneath the NCPI umbrella, the second inter-bank funds by IMPS stood at 462.69 million (46.27 crore) in September barely lower from 466.91 million (46.69 crore) throughout the earlier month. In July, it was 460.83 million (46.03 crore).
Aadhaar amount based totally AePS transactions stood at 102.66 million in September, as in opposition to 105.65 million a month earlier. In July, there have been as many as 110.48 million AePS transactions.
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