UPI Transactions Rise 5.8% MoM To Record 25.47 Bn In October

by · Inc42

SUMMARY

  • UPI transaction volume rose 5.8% MoM to a record 25.47 Bn in October, while transaction value increased 7.4% to ₹31.53 Lakh Cr
  • Average daily transaction value crossed ₹1 Lakh Cr for the first time, with daily volume also increased
  • The records come ahead of the proposed MDR rollout on select merchant payments, which NPCI deferred until after Diwali