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After October festive, UPI volume dip 7% in November; value too down by 8%

Business Standard LogoBusiness Standard3d ago

After October festive, UPI volume dip 7% in November; value too down by 8% - Business Standard

Quick Summary:

In October, UPI recorded 16.58 billion transactions worth Rs 23.

However, the value of these transactions dipped slightly, by nearly 1 per cent, to Rs 6,070 crore from Rs 6,115 crore in October.

The value of transactions also dropped 27 per cent to Rs 23,844 crore from Rs 32,493 crore in October.


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After October festive, UPI volume dip 7% in November; value too down by 8% - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-01 @ 14:29:33 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24002970

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 310 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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