UPI transactions reach 20.39 billion in February, a 27% annual increase

economictimes.indiatimes.com

Unified Payments Interface (UPI) transactions surged 27% year-on-year in February, reaching 20.39 billion. Transaction amounts also grew 22% annually to Rs 26.84 lakh crore, with average daily transaction amounts increasing from January. UPI is now operational in over eight countries, and India is deepening its financial partnership with Israel for cross-border UPI transactions.


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