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Transactions via the unified payments interface (UPI), the country’s flagship payments platform, crossed a value of Rs 1 trillion in December, according to the data released by the National Payments Corporation of India.
The value of UPI transactions in December stood at Rs 1.02 trillion, against Rs 82,232 crore in November — a rise of 25 per cent.
The volume of UPI transactions for December stood at 620 million, a growth of 18 per cent over the previous month. The UPI transaction volume for November stood at 525 million.
Mobile wallet transactions for the month of October stood at 368.45
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