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Data▲ Bullish for Indian equities
UPI daily transactions top 800 million for first time in September
The brief
- UPI processed 24.07 billion transactions worth ₹29.37 lakh crore in September
- Festive demand helped drive daily transactions above 800 million
- Rising digital payments volumes support Indian fintech and payments companies
- SBI MD Rama Mohan Rao Amara says bank passes on Apple Pay, backs UPI MDR to offset costs
- Canara Bank CEO estimates ₹450 crore from MDR on UPI
- No PUC, No Fuel, UPI Merchant Charges: What Changes In October
- From UPI MDR to tax audit deadline: 5 key money changes from October that you should know about
- Consumer dept preps guardrails as UPI fee set to kick in
UPI transactions in September
UPI processed 24.07 billion transactions worth ₹29.37 lakh crore in September, with festive demand pushing average daily transactions above 800 million for the first time.
Thursday, 1 October
- UPI daily transactions top 800 million for first time in September