UPI transactions surge to record 16.73 bn in Dec 2024

National Payments Corporation of India (NPCI) has said that Unified Payments Interface (UPI) has:

1. Record Transactions: Unified Payments Interface (UPI) processed nearly 16.73 billion financial transactions in December 2024.
2. Transaction Value: The total value of these transactions was approximately 23.25 lakh crore rupees.
3. Year-on-Year Growth: There was a 39 percent Year-on-Year growth in the transaction count.
4. Growth in Transaction Value: The transaction value saw a 28 percent Year-on-Year growth.
5. Daily Transactions: The average daily transaction amount reached 74,990 crore rupees in December last year.