UPI Transactions Reach Record High in October with Rs 23.5 Trillion in Value:
India witnessed a record-breaking surge in digital transactions, propelled by the Unified Payments Interface (UPI), Immediate Payment Service (IMPS), FASTag, and the Aadhaar Enabled Payment System (AePS). The increased adoption of these platforms highlights India’s ongoing shift towards digital payment solutions, driven in part by the festive season and growing acceptance among merchants and consumers alike.
