UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

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The value of transactions also increased marginally to Rs 24,020 crore compared to Rs 23,844 crore in November.

FASTag transactions grew by 6 percent in volume to 382 million in December, as against 359 million in November.

Interestingly, for the entire 2024, the volume increased by 46 per cent to around 172 billion transactions, compared to 118 billion in 2023.

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Category: BusinessFinance

Markets: India

Topics: Person-to-merchant transactions NPCI UPI data 2024 IMPS December 2024 AePS December 2024 UPI record high December 2024 FASTag daily transactions December 2024 AePS marginal growth UPI transactions growth UPI December 2024 FASTag growth 2024 Digital payments India 2024 Indian payment systems FASTag December 2024 IMPS value rise

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-01 @ 14:09:32 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 650 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24801568

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