Digital payments continued to register robust growth in September amidst the festival season and normalisation of economic activities.
The Unified Payments Interface (UPI) registered 365 crore transactions worth Rs. 6.54-lakh crore in September, as per data released by the National Payments Corporation of India.
The UPI platform had clocked 355 crore transactions amounting to Rs. 6.39-lakh crore in August.
Immediate Payment Service (IMPS) also registered a rise in transactions and processed 38.44 crore payments of Rs. 3.24-lakh crore in September. As many as 37.79 crore transactions amounting to Rs. 3.18-lakh crore took place through IMPS in August.