UPI transactions jump 36% to Rs 60 trn in Apr-Jun qtr: MoS Finance

Quick Summary:

As per the details of UPI transactions shared by Minister of State for Finance Pankaj Chaudhary in the Lok Sabha, 4,122 crore UPI transactions worth Rs 60 lakh crore took place between April and June in 2024-25.

In FY23, a total of 8,371 crore UPI transactions took place with a value of Rs 139 lakh crore, while in FY22, there were 4,596 crore transactions involving Rs 84 lakh crore.

In the April-June period, 2,762 crore UPI transactions took place, having a value of Rs 44 lakh crore.

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Article Details

Category: BusinessFinance

Markets: India

Topics: National Payments Corporation of India (NPCI) Minister of State for Finance UPI transactions UPI Payments Transactions Interoperable Cash Deposit (ICD) Pankaj Chaudhary

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 16:02:46 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 347 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © Business Standard

News ID: 21930423

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