<p>New Delhi: Transactions through the popular <a href="https://www.deccanherald.com/tags/upi">Unified Payments Interface</a> (UPI) touched a record 16.73 billion in December, recording a growth of 8 per cent over the preceding month, according to data released by the National Payments Corporation of India (NPCI).</p>.<p>In November, the UPI transaction count was 15.48 billion.</p>.<p>NPCI said the value of the transactions worked at Rs 23.25 lakh crore in December 2024 as against Rs 21.55 lakh crore in November.</p>.NPCI extends market cap deadline for UPI apps till 2026.<p>The average daily transaction count during December was 539.68 million, up from 516.07 million in November.</p>.<p>In value terms, the average daily transaction amounted to Rs 74,990 crore in December. This compares with Rs 71,840 crore in November.</p>.<p>NPCI, an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association, is an umbrella organisation for operating retail payments and settlement systems in India (IBA).</p>.<p>NPCI runs the Unified Payments Interface (UPI) used for real-time payments between peers or at merchants' end while making purchases.</p>
<p>New Delhi: Transactions through the popular <a href="https://www.deccanherald.com/tags/upi">Unified Payments Interface</a> (UPI) touched a record 16.73 billion in December, recording a growth of 8 per cent over the preceding month, according to data released by the National Payments Corporation of India (NPCI).</p>.<p>In November, the UPI transaction count was 15.48 billion.</p>.<p>NPCI said the value of the transactions worked at Rs 23.25 lakh crore in December 2024 as against Rs 21.55 lakh crore in November.</p>.NPCI extends market cap deadline for UPI apps till 2026.<p>The average daily transaction count during December was 539.68 million, up from 516.07 million in November.</p>.<p>In value terms, the average daily transaction amounted to Rs 74,990 crore in December. This compares with Rs 71,840 crore in November.</p>.<p>NPCI, an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association, is an umbrella organisation for operating retail payments and settlement systems in India (IBA).</p>.<p>NPCI runs the Unified Payments Interface (UPI) used for real-time payments between peers or at merchants' end while making purchases.</p>