UPI transaction volume experienced a decline in November 2024, dropping to 15.48 billion from October’s peak of 16.68 billion. Immediate Payment Service (IMPS) transactions also saw a decrease, recording 408 million in volume and Rs 5.58 trillion in value. Meanwhile, FASTag, India’s electronic toll collection system, processed a higher transaction volume of 359 million, though its value dipped slightly to Rs 60.7 billion. Aadhaar Enabled Payment System (AePS) transactions also fell, reaching 92 million during the month.