UPI Hits Record 16.73 Billion Transactions in December – What’s Driving the Growth?
In a remarkable feat for India’s digital payments system, Unified Payments Interface (UPI) transactions soared to an all-time high in December 2024. The total number of UPI transactions reached a staggering 16.73 billion, marking an 8.08% increase from the previous month’s 15.48 billion transactions.
This…
Sachin Bansal’s fintech company, Navi, has experienced remarkable growth on the Unified Payments Interface (UPI) platform, nearly doubling its transaction volume in July. Data from the National Payments Corporation of India (NPCI) shows Navi processed 68.5 million transactions in July, a significant increase from 35.7 million in June and just 3 million in March, marking a 22-fold growth in four…
