UPI ended 2023 at a excessive, setting new information in transaction rely and worth. In December, there have been over 1,200 crore transactions price greater than Rs 18 lakh crore. It is a marginal improve in comparison with November’s already peaked Rs 17.4 lakh crore. Information from NPCI exhibits that in 2023, there have been over 11,765 UPI transactions price Rs 182.2 lakh crore, a 59% improve in quantity and a forty five% improve in worth in comparison with 2022. NPCI has additionally introduced the launch of ‘UPI for Secondary Market’ and Hitachi Fee Providers launched the nation’s first-ever UPI-ATM.
