UPI Transactions Soar To Record Highs In October

In October, Unified Payments Interface (UPI) digital transactions surged to 16.58 billion, totaling ₹ 23.5 lakh crore, marking the highest figures since its launch in April 2016. Data from the National Payments Corporation of India (NPCI) revealed a 10% increase in transaction volume and a 14% rise in value compared to September, with daily transactions exceeding 535 million.