UPI transactions witnesses 3% rise clocking record high of 14.96 bln transactions in Aug’24

Unified Payments Interface (UPI) which had crossed the 11 billion mark in October with 11.41 billion transactions, 12 billion mark in December with 12.02 billion transactions, 13 billion mark in March 2024 recording 13.44 billion transactions and 14 billion mark in May with 14.04 billion transactions, has witnessed a modest increase in August, clocking a new high of 14.96 billion transactions in August 2024. Here’s what the NPCI data revealed: