UPI numbers scale fresh peak in August; volume up, value dips marginally

Unified Payment Interface (UPI) transactions saw a 3 per cent rise in volume in August to 14.96 billion, compared to 14.44 billion in July, the highest ever since the digital payment platform turned operational in April 2016.

However, in value, the month saw a marginal dip to Rs 20.61 trillion in August, compared to Rs 20.64 trillion in the previous month.