Total UPI transactions cross 100 billion mark in 2023

NPCI operates the UPI service along with other payment processing infrastructure. Total transactions processed by UPI in 2023 stood at 117.6 billion. The UPI rails also witnessed a little over Rs 182 lakh crore in total value being processed through the payments infrastructure last year, data showed. Monthly transactions on UPI have seen an over 49% jump between January and December in 2023.

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