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UPI transaction News

01 Sep 2023

UPI Creates History, Payment Transactions Touched 10+ Bn Mark In August

Over 10.58 billion transaction count happened in August 2023 against 9.96 billion transaction count in July 2023, which is a 61% y-o-y growth. The payment service witnessed over 15.76 lakh crore transaction in August 2023 in terms of amount in rupees against 15.34 lakh crore in July 2023.

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19 Feb 2022

36% of Indian millionaires use e-wallets or UPI for payment, reveals survey

During the pandemic year, Indian HNIs are more risk-averse. Stock markets and real estate remain the most popular investments among the millionaires polled. The report breaks down the geographical distribution of millionaires by state and city, depending on their long-term residence.

09 Jan 2022

UPI server down, Paytm, Google Pay transactions fail

Since then, some users have reported that the UPI server is down and that they are unable to perform any transactions. Due to maintenance efforts, ICICI Bank's UPI system is apparently unavailable.

04 Jan 2021

UPI transactions post record growth; jumps 103% in 2020

COVID-19 Pandemic brought many changes in people's lives. More people preferred digital payments platform instead of cash. People gave more priority to online transactions.

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