Transactions under the Unified Payment Interface (UPI) crossed a new record of Rs 14 lakh crore in March 2023. The volume of transactions has also hit a new high of 865 crores during the month. The value of UPI transactions during March 2023 is 13% higher than the Rs 12.35 crore in February 2023. In volume, they are 18% higher than 728 crores in February 2023. Compared to March 2022, the transactions are 60% higher in volume and 45% more in terms of value of transactions.
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