UPI transactions: Digital cost rose to ₹10.73 lakh crore in August

Digital cost transactions worth via UPI rose to ₹10.73 lakh crore in August this 12 months, up marginally from the earlier month, as per knowledge launched by the National Payments Corporation of India (NPCI). The worth of UPI transactions throughout August this 12 months pertains to a complete of 6.57 billion (657 crore) transactions, up from 6.28 billion (628 crore) within the previous month, as per the info.

In July 2022, the UPI-based digital transaction worth stood at ₹10.63 lakh crore.

In June, there have been 5.86 billion transactions, valued at value ₹10.14 lakh crore.

 

IMPS transactions

Of the opposite knowledge units on the NCPI framework, the moment transfer-based IMPS clocked transactions value ₹4.46 lakh crore in August, regarding a complete of 46.69 crore transactions.

In July, it stood at ₹4.45 lakh crore in worth phrases via a complete of 46.08 crore transactions.

 

Aadhaar-based cost (AePS) transactions

In phrases of Aadhaar-based cost — AePS — the transactions got here down by practically 10 per cent to ₹27,186 crore in August, as in opposition to ₹30,199 crore in earlier month. The variety of transactions fell to 10.56 crore from 11 crore.

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