October UPI transactions jump 7.7% to 730 crore.
- UPI transactions grew 7.7% to 730 crore and totaled Rs 12.11 lakh crore in October. September saw 678 crore UPI-led digital transactions worth Rs 11.16 lakh crore.
- October saw 48.25 crore IMPS (Immediate Payment Service) immediate interbank financial transfers of Rs 4.66 lakh crore. According to Tuesday’s NPCI monthly figures, transactions were up 4.3 percent from September.
- Compared to September’s 28.3 crore transactions, the NETC FASTag, which automates toll collecting at NHAI toll booths nationwide, saw a 9.3% increase.