Bharat Express

National Payments Corporation of India

India's UPI has reached a milestone, with transactions hitting 15.48 billion in November, marking a 38% year-on-year growth.

UPI transactions saw a record 15.48 billion transactions in November, marking a 38% year-on-year growth, according to data from the National Payments Corporation of India (NPCI).

The average daily transaction amount peaked at Rs 66,903 crore, with an average daily transaction count of 463 million throughout June.

A great experience using UPI Foreign delegates who came to India ahead of the G20 meeting praised the effort and reported having a “great” experience utilising the Unified Payments Interface technology after having the chance to do so. “I have been using the G20 UPI application…has been great,” one of the participants stated. I may …