October UPI transactions jump 7.7% to 730 crore.

HomeBusinessOctober UPI transactions jump 7.7% to 730 crore.

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November 2, 2022

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.