UPI clocks new record in value and volume in March after dip in Feb

The Unified Payments Interface (UPI) system in March clocked 19.78 billion transactions worth Rs 24.77 trillion, marking a record growth in value and volume for the digital payments system.

Value increased 13 per cent and volume 14 per cent in volume from February due to financial year-end transactions, according to data provided by the National Payments Corporation of India, which manages UPI.