UPI records 1 Bn transactions in first 15 days of a month for the first time; may cross 2 Bn in Oct
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Digital payment system Unified Payments Interface or UPI has crossed 1 billion transactions in volume in the first 15 days of October, shows RBI’s settlement data of select payment systems. The NCPI-owned digital payments platform is likely to post more than 2 billion transactions in the month, a feat that it has never reached since its inception in 2016.