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Uploaded 1 week ago

Duration: 0h 4m 45s

India's UPI Transactions Soar In August, Nearing All-Time Peak

Unified Payments Interface (UPI) transactions in India reached Rs 29.8 lakh crore in August, approaching record levels. Volume also hit a new high of 24.51 billion transactions, driven by festive activities like Raksha Bandhan. The digital payment system continues its rapid growth, expanding its global presence to 11 countries, with further growth anticipated during the upcoming festive season and new use cases like credit on UPI.

Uploaded by: Rediff Video Desk on Tue, 01 Sep 2026 12:15:45 +0530

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Tags: upi transactions, digital payments india, npci data, upi growth, financial technology

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