UPI transactions volume rises 52% to 78.97 billion in January-June: Report

Quick Summary:

UPI transaction volumes in India surged 52% year-on-year to 78.97 billion in H1 2024, while transaction values increased 40%, reaching Rs 116.63 trillion.

PhonePe led UPI apps in volume and value.

However, the average ticket size of transactions declined by 8% during this period.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaChinaSri Lanka

Topics: Transaction volume Digital payments Business news Worldline Payment market UPI transactions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 18:55:27 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 804 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 22979641

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About Times of India

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Official Website: timesofindia.indiatimes.com

Update Frequency: 25 posts per day

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