Back

UPI has reported 16.5 billion transactions for October 2024, worth Rs 23.5 lakh crore. HUGE GROWTH!

Anonymous

Anonymous 1

Hey I am on Medial • 6m

This explosive growth in UPI transactions shows how rapidly digital payments are becoming integral to our economy. More power to us 🙌🏻

0 replies

More like this

Recommendations from Medial

Image Description

Mahendra Lochhab

Content creator • 9m

UPI payments in Nepal surpass 1,00,000 person-to-merchant (P2M) transactions in less than six months

1 replies3 likes
Image Description
Image Description

Mr khan

Smart. Sustainable. ... • 4m

UPI Statistics for December 2024: Total Transactions: December 2024 mein, UPI ne over 10 billion transactions process kiye, jo pehle ke months ke comparison mein kaafi zyada tha. Transaction Value: UPI transactions ki total value ₹15 lakh crore (app

See More
7 replies2 likes
Image Description

Prog Kanishk Raj

 • 

Medial • 2m

India’s Digital Revolution India is moving fast in digital technology. From UPI payments to 5G networks, everything is becoming smarter. Startups, AI, and blockchain are changing businesses. With government support, India is becoming a global tech l

See More
1 replies4 likes

gray man

I'm just a normal gu... • 1m

The Reserve Bank of India (RBI) has announced that it will soon revise the transaction limits for Unified Payments Interface (UPI) payments made to merchants, also known as person-to-merchant (P2M) transactions. This move is aimed at enhancing the ef

See More
0 replies15 likes
Image Description

Gyananjaya Behera

Helping an Idea to S... • 11m

UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged

See More
3 replies6 likes
1
Image Description
Image Description

Vedant SD

Finance Geek | Conte... • 7m

The Rise of Digital Payments in India India's digital payments landscape has witnessed a remarkable transformation in recent years, driven by government initiatives, technological advancements, and changing consumer behavior. The country's large popu

See More
7 replies9 likes
2

Ansh Sarkar

Software, Physics, P... • 1m

Everyone wants a seamless, instant digital payments system — until it fails. UPI processes over 580 million transactions daily, silently powering India’s cashless economy. But today’s outage was a stark reminder: even the most advanced systems are o

See More
0 replies12 likes

Mahendra Lochhab

Content creator • 2m

UPI, established by the National Payments Corporation of India (NPCI) in 2016, is the dominant payment platform in India, processing over 75% of the country's retail digital payments.

0 replies3 likes
Image Description
Image Description

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

Case Study: PhonePe – India's UPI Leader Founded in 2015, PhonePe dominates India's digital payments landscape. Stats: Users: 350M+ registered Market Share: 40%+ of UPI transactions Business Model: Transactions, financial services, advertising. R

See More
16 replies47 likes
10
Image Description
Image Description

Arcane

Hey, I'm on Medial • 10m

ONE INTERESTING OBSERVATION SERIES DAY #2 With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case

See More
10 replies10 likes

Download the medial app to read full posts, comements and news.