New Delhi, Sep 1 (SocialNews.XYZ) Prime Minister Narendra Modi on Friday lauded UPI transactions crossing the 10 billion mark in August.
"This is exceptional news! It is a testament to the people of India embracing digital progress and a tribute to their skills. May this trend continue in the times to come," the PM said in a comment on X (formerly Twitter).
He was responding to a tweet by the National Payments Corporation of India (NPCI), which said, "It's 10 Billion+ transactions in August`23! Make seamless payments from your mobile in real-time with UPI."
UPI transactions touched 10.58 billion in August, while the amount transacted during the month was Rs 15.76 lakh crore. There has been a 61 per cent year on year growth on transaction count, while in terms of transaction amount, there has been a 47 per cent year on year growth between August 2022 and August 2023.
NPCI is an umbrella organisation for all retail payments in the country.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
