UPI transactions rise 20% in March

Digital transactions worth more than INR 2,000 crore were conducted in March using the Unified Payments Interface (UPI) platform developed by the National Payments Corporation of India, according to an official statement. “Over 18 million people have downloaded Bharat Interface for Money or the BHIM App, creating a new world record. The UPI-based transactions crossed INR 2,000 crore-mark in the month of March showing an increase of 20% since January this year,” according to the statement.

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