UPI transactions touch a record Rs 11.17 trillion in September, shows data

On a year-on-year (YoY) basis, volume of transactions was up 85.55 per cent and value of transactions was up 70.61 per cent during the same period.

India’s flagship digital payments platform, Unified Payments Interface (UPI), has created yet another record in September, both in terms of volume and value of transactions.

According to the latest data released by the National Payments Corporation of India (NPCI), the UPI platform recorded 6.8 billion transactions in September, amounting to Rs 11.17 trillion. It is up 3.05 per cent and 4.06 per cent in volume and value terms on a month-on-month (MoM) basis.

On a year-on-year (YoY) basis, volume of transactions was up 85.55 per cent and value went up 70.61 per cent.

For the third