Fintech / INNOVATION UPI: Transforming India’s Payment Ecosystem and Driving Global Innovation
Unified Payments Interface achieves a milestone with 16.58 billion transactions worth ₹23.49 lakh crores in October 2024. IntroductionIn a remarkable testament to India’s digital revolution, the Unified Payments Interface (UPI) processed a record-breaking 16.58 billion transactions in October 2024, amounting to a staggering ₹23.49 lakh crores. Introduced in 2016 by the National Payments Corporation of […]