Festive Spending Drives Record 25.47 Billion UPI Transactions in October
UPI transactions reached a record 25.47 billion in October, marking a 23% year-on-year increase, with transaction value rising 16% to ₹31.53 lakh crore, according to NPCI data. The average daily transaction value surpassed ₹1 lakh crore for the first time, fueled by festive shopping, dining, and online sales.
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