OMG! UPI sets new record in India by year end, transactions worth so many crores throughout the year

People in India are now giving more attention to digital payment. This is the reason that whose graph is continuously going up in the country. Due to this, the figure of payment through UPI in India is also touching new heights every month. In December 2021, UPI transaction has broken all its old records. In December, 456 crore transactions of UPI have also been seen. The total value of these transactions has gone up to Rs 8.27 lakh crore, which is the highest ever. Prior to which 421 crore UPI transactions were done during the festive season in October 2021. So let's understand the complete figure in detail.

Significant jump compared to December 2020: If we look at these figures released by the National Payment Corporation of India (NPCI) regarding UPI transactions in December 2021, then it is more than 9 percent more than the transactions in December 2020. Is. Talking about the value of these transactions, it is 7.6% higher as compared to December 2020.

So many transactions done throughout the year: NPCI figures say that in 2021 a total of 3800 crore UPI transactions have been done, their total value is said to be around Rs 73 lakh crore. NPCI claims that up to 100 crore UPI transactions can be done daily if low-value offline transactions are approved. Increase of 70 times in the last 4 years: If the news is to be believed, then the graph of UPI transactions has increased a lot in the last 4 years. In these 4 years, there has been an increase of 70 times in UPI transactions, while the transactions done by debit card have decreased in this time period. UPI transactions are 8 times more than card transactions.

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