UPI Transactions Surge: 56% Volume Growth, Average Ticket Size Down 8% in H2 2023

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Person-to-person (P2P) and person-to-merchant (P2M) transactions make up UPI transactions. These two categories have each shown strong development. According to a report by international payments technology company Worldline, Unified Payments Interface (UPI) has continued to rule the Indian digital payments market, with transaction volume rising by an astounding 56% to 65.77 billion in the second … Read more