Friday, 24 March, 2023

Volumes, value of UPI transactions fell to Rs 8.27 lakh crore in Feb: NPCI data

<p>In February, India&#39;s cashless retail transactions on the UPI network totaled Rs 8.27 lakh crore. The amount was somewhat lower than the previous month, according to figures released by the National Payments Corporation of India (NPCI) on Tuesday. There were a total of 452 crore transactions in Feb 2022. The overall value of cashless retail transactions on the BHIM UPI network stood at Rs 8.32 lakh crore in January, with 461 crore transactions.</p>