UPI transactions by volume and value hit new high in December
UPI transaction volumes reached 2,234.16 million in In December. The value of transactions was ₹4,16,176 crore
UPI had a 17% market share in 2018-19 and is expected to reach 59% by 2024-25
Unified Payment Interface (UPI) transactions have been rising consistently, making a new high every month for the past six months. The trend holds for the number of transactions (volume) and for the transacted amount (value), too.