Given the month of festivities, UPI transaction volume witnessed a significant uptick from 15.04 Bn in September to reaching 16.68 Bn in October. Immediate Payment Service (IMPS) transactions rose to 467 million in volume and Rs 6.29 trillion in value, while FASTag, India’s toll collection system, processed 345 million transactions worth Rs 61.15 billion. Aadhaar Enabled Payment System (AePS) transactions also reached 126 million transactions valued at Rs 324.9 billion.