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Digital payments in India: UPI transactions cross 2-billion mark in Oct

Confirming that India is adroitly adopting digital payment methods in the Covid-19 world, the Unified Payments Interface (UPI), the flagship payments platform of the National Payments Corporation of India (NPCI), has recorded over two billion transactions in October.

As per NPCI data, UPI registered 2.07 billion transactions, almost 82 per cent higher than the 1.14 billion transactions reported in the corresponding month last year. In money terms this was worth Rs 3,86, 106 crore.

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