UPI breaks record with 16.58 billion transactions in October

The Unified Payments Interface (UPI)-based digital transactions continued to surge, and in October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI became operational in April 2016. 

According to data shared by the National Payments



Corporation of India (NPCI) on Friday, October saw a 10 percent increase in volume and 14 percent in value compared to September.

Daily UPI transactions in October crossed 535 million in volume and Rs 75,801 crore in value—ccompared to 501 million in volume and Rs 68,800 crore in September.