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The worth of UPI transactions throughout August this yr 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 launched by the Nationwide Funds Company of India (NPCI).
In June, there have been 5.86 billion transactions, valued at value Rs 10.14 lakh crore.
Of the opposite information units on the NCPI framework, the moment transfer-based IMPS clocked transactions value Rs 4.46 lakh crore in August, regarding a complete of 46.69 crore transactions.
In July, it stood at Rs 4.45 lakh crore in worth phrases by means of a complete of 46.08 crore transactions.
The NETC FASTAG for computerized toll deduction at toll plazas witnessed transactions value Rs 4,245 crore in August, up from Rs 4,162 crore within the previous month.
By way of variety of transactions, this associated to over 27 crore in August, as in opposition to 26.5 crore in July.
By way of Aadhaar-based cost — AePS — the transactions got here down by almost 10 per cent to Rs 27,186 crore in August, as in opposition to Rs 30,199 crore in earlier month. The variety of transactions fell to 10.56 crore from 11 crore.
