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Average value of UPI, RuPay transactions below Rs 2000, marking stagnancy

Digital transactions have increased many times, but their average ticket size is not growing for the domestic payments card.

Topics
digital transactions | RuPay | UPI transactions

Abhishek Waghmare  |  Pune 



RuPay credit card
For RuPay cards at PoS machines, the average value of transactions was Rs 1,834 in November 2021

Last week, the government decided to incentivise banks and fintech players by paying them a percentage of transaction value per transaction made through the domestic debit card, or a below-Rs 2,000 transaction made using Unified Payments Interface (UPI).

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First Published: Mon, December 20 2021. 15:47 IST

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