National Payments Corporation of India (NPCI) reports that in terms of value, UPI transferred Rs 59,835 crore in September as compared to Rs 54,212 crore in August, a rise of 10.3 percent.
Last year in September, UPI tackled 30 million transactions worth a total Rs 5,293 crore. Experts suggest that UPI’s growth is mainly attributed to its rapid implementation across popular payment apps such as Paytm, Flipkart-owned PhonePe and Google Pay.
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