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Published 15:19 IST, July 29th 2024

UPI transactions surge ten-fold to Rs 2,428 lakh crore in 2023-24: RBI Report

Report shows that digital payments in India have recorded a compounded annual growth rate (CAGR) of 50 per cent in volume terms and 10 per cent in value terms.

Reported by: Business Desk
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UPI
UPI is processing nearly 14 billion transactions monthly, driven by a user base of 424 million unique users as of June 2024. | Image: Republic Business
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14:26 IST, July 29th 2024