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UPI transactions set new milestone, surge to record 782 crore in December 2022

Shortpedia

Content Team
Image Credit: shortpedia

Transactions on the Unified Payments Interface (UPI) platform hit a new record of 782 crore in December 2022, with the value of these also touching a new high of Rs 12.8 lakh crore. UPI processed over 7400 crore transactions, valuing Rs 125.94 lakh crore, in the calendar year 2022. The volume of UPI transactions in December rose 7.12% compared to November, with the value of transactions rising 7.73%.