UPI transactions touched file 16.73 billion in December 2024: NPCI knowledge

Jan 02, 2025 09:10 PM IST

The typical each day transaction rely throughout December was 539.68 million, up from 516.07 million in November.

Transactions by the favored Unified Funds Interface (UPI) touched a file 16.73 billion in December, recording a development of 8 per cent over the previous month, based on knowledge launched by the Nationwide Funds Company of India (NPCI).

In November 2024, the UPI transaction rely was 15.48 billion, NPCI knowledge confirmed.(Shutterstock)

In November, the UPI transaction rely was 15.48 billion.

NPCI mentioned the worth of the transactions labored at ₹23.25 lakh crore in December 2024 as towards ₹21.55 lakh crore in November.

The typical each day transaction rely throughout December was 539.68 million, up from 516.07 million in November.

In worth phrases, the typical each day transaction amounted to ₹74,990 crore in December. This compares with ₹71,840 crore in November.

NPCI, an initiative of the Reserve Financial institution of India (RBI) and the Indian Banks’ Affiliation, is an umbrella organisation for working retail funds and settlement techniques in India (IBA).

NPCI runs the Unified Funds Interface (UPI) used for real-time funds between friends or at retailers’ finish whereas making purchases.

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UPI transactions touched file 16.73 billion in December 2024: NPCI knowledge

The typical each day transaction rely throughout December was 539.68 million, up from 516.07 million in November.

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The typical each day transaction rely throughout December was 539.68 million, up from 516.07 million in November.

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