In September 2023, UPI processed 1056 crore transactions in India that is worth Rs.15.8 lakh crore in value. This is a new milestone and a significant one in the government’s efforts to digitise the payment ecosystem.
According to the India Digital Payments Annual Report, highlights from which were published on Livemint in April 2023, Bangalore had topped the list of Indian cities in terms of highest digital transactions in the year 2022. The city recorded 29 million transactions worth Rs.6,500 crore in the year 2022.
How many times in a day do you scan to pay? When was the last time you stepped into an ATM, let us know in the comments.
