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Finance Ministry released new data on UPI, know this special thing about online transactions

By News Update

New Delhi: The Finance Ministry informed on Saturday that Unified Payment Interface (UPI) has done more than 15,547 crore transactions worth Rs 223 lakh crore from January to November this year. The Finance Ministry shared data related to UPI regarding the digital payment revolution through a post from its official X handle.

UPI transaction record

After reaching a record high of 16.58 billion transactions and Rs 23.50 lakh crore in October 2024, the number of UPI transactions in November surged to 15.48 billion, up 38 per cent year-on-year, with value up 24 per cent year-on-year. Is. It was Rs 21.55 lakh crore. Earlier, the Finance Ministry had informed that in the first 7 months of FY 2025, transactions through UPI on Rupee Credit Card have almost doubled as compared to the same period of FY 2024.

On credit card..

More than 750 million UPI credit card transactions worth Rs 63,825.8 crore were made from April to October this year. The number of transactions through UPI RuPay credit cards in FY 2024 was 362.8 million, with a total value of Rs 33,439.24 crore. The government launched the facility of UPI transactions on RuPay credit cards in September 2022. Users using RuPay credit card can do their transactions through the card with the help of UPI app.

October and November figures

Earlier, figures for October and November were also released by the government regarding the success of UPI. UPI was launched by the National Payments Corporation of India (NPCI) in 2016. With UPI, online payment facility is available by integrating multiple bank accounts into a single mobile application. Also read…

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