News > UPI transactions clock 1.01 billion transactions in first 2 weeks of October

UPI transactions clock 1.01 billion transactions in first 2 weeks of October

20/10/2020 11:01 PM | Click to read full article

Unified Payments Interface (UPI)-based payments clocked more than 1.01 billion transactions, up 10% sequentially, in the first 15 days of October.

Experts believe that the UPI transactions will further witness uptick in the upcoming festive season, with top e-commerce companies offering massive sales. People are likely to opt for contactless payments during transactions, even beyond the urban stratum.