UPI records over Rs 5 lakh crore worth transactions in March

Digital Transactions through UPI in the country crossed another milestone last month recording transaction value of 5 lakh 4 thousand crore rupees. Transactions via the Unified Payment Interface, UPI surged in March, partly driven by subscriptions for initial public offerings that opened during the month. Value of transactions via the platform, launched in April 2016, rose above the 5 lakh crore mark compared to 4 lakh 25 thousand crore in February. While volumes have been rising steadily since ...