Unified Payments Interface (UPI) transaction volumes surged 52 per cent in the first six months of 2024 (H1CY24), as against the same period last year. The value of transactions grew 40 per cent from ₹83.16 trillion in H1CY23 to ₹116.63 trillion in H1CY24.
“When comparing H1CY24 to the same period in 2023, UPI transaction volume saw a substantial increase of 52 per cent, rising from 51.9 billion to 78.97 billion,” according to a report from Worldline India.
However, the average ticket size of transactions dipped to ₹1,478 in H1CY24 as compared to ₹1,603 during the same time last year (H1CY23) as the adoption of the real-time payments service gains further ground. A decreasing average ticket size of transactions on the payments system indicates that it is increasingly being used to conduct small value transactions.
Bu hikaye Business Standard dergisinin October 11, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin October 11, 2024 sayısından alınmıştır.
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