Unified Payment Interface (UPI) payments in May touched Rs.14.3 trillion in terms of value; a 2% rise compared to April   

Unified Payment Interface (UPI) payments in May touched Rs.14.3 trillion in terms of value; a 2% rise compared to April.

The rise comes at a time when the government is pushing to bring tax collection across various segments under digital payment.

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In March 2023, the figures stood at 8.68 billion with a value of Rs14.1 trillion.

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It’s a 2 percent rise in value Rs 14.07 trillion) and 6 percent in volume(8.89 billion) compared to April.

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