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UPI volumes fall month-on-month in December, value grows to Rs2.16L-cr

UPI volumes fall month-on-month in December, value grows to Rs2.16L-cr

Tuesday, February 4, 2020, 3:02 PM

The value of transactions through the UPI rose 6.78% month-on-month to '2.16 lakh crore, even as the volumes dipped marginally by 0.26% to 1305.02 million. According to data from the NPCI, BHIM app accounted for transactions worth Rs.6,611.22 crore and 18.54 million transactions in volume terms. The first-mover in the UPI space now accounts for just 1.42% of the volume as of January 20.
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