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In a first, UPI transactions exceed ATM cash withdrawals, courtesy pandemic

But while cash withdrawals and dealings are declining, there has been a 20% YoY spike in the quantum os notes and coins help with the public

Topics
Coronavirus | Digital Payments | UPI transactions

Abhishek Waghmare  |  Pune 



E-payments, UPI

Things are changing faster than usual under the pandemic. People’s spending on restaurants has plummeted to near-zero, but that on mobile data and broadband has surged. Travel expenses are being saved, but precautionary healthcare spend is rising.

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First Published: Wed, October 28 2020. 18:00 IST

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