UPI transactions volume rises 52% to 78.97 billion in January-June: Report

UPI transaction volumes in India surged 52% year-on-year to 78.97 billion in H1 2024, while transaction values increased 40%, reaching Rs 116.63 trillion. PhonePe led UPI apps in volume and value. However, the average ticket size of transactions declined by 8% during this period.

Oct 10, 2024 - 17:00

UPI transactions volume rises 52% to 78.97 billion in January-June: Report

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UPI transaction volumes in India surged 52% year-on-year to 78.97 billion in H1 2024, while transaction values increased 40%, reaching Rs 116.63 trillion. PhonePe led UPI apps in volume and value. However, the average ticket size of transactions declined by 8% during this period.