Demonetisation impact: Value of e-payments up 10% in Sept

Electronic payments saw a significant rise in terms of value but dipped in volume in September over the previous month, according to the Reserve Bank of India’s (RBI’s) monthly bulletin for November.
 

The total value of these payments in September was Rs 220 lakh crore as against Rs 200 lakh crore in August, a jump of 10 per cent. However, the volume dipped to 1,868.74 million in September, from 1,906.25 million the previous month, it said.

Mobile banking continued to grow both in terms of value and volume. The volume and value of mobile banking transactions in September were 113.69