UPI volume jumps 32% on Diwali driven by last-minute festival buying
Transactions through the popular Unified Payments Interface (UPI) witnessed a 32 per cent surge in volume terms on Diwali driven by last-minute festival buying. UPI volume increased to 916.9 million on November 8 from 695.7 million transactions on the same day last year, according to data released by the National Payments Corporation of India (NPCI). In value terms, UPI transactions rose to Rs 90,029.43 crore on November 8 against Rs 88,350.79 crore last year. A day prior to Diwali, the transac…




