LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

NPCI says UPI transactions rose 10% in July

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
NPCI says UPI transactions rose 10% in July
NPCI says UPI transactions rose 10% in July. Pic: Pixabay
Written By: ZeeBiz WebTeam
Updated: Wed, Aug 02, 2017
10:56 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
PhonePe logs $388bn in annual TPV run rate, crosses 1-bn UPI transactions in March PhonePe logs $388bn in annual TPV run rate, crosses 1-bn UPI transactions in March
BHIM UPI: End of all payments, transactions related problems! UPI-Help is here - All you need to know BHIM UPI: End of all payments, transactions related problems! UPI-Help is here - All you need to know
Zero fee, no hidden charge on UPI payments to merchants! Encouraging MSMEs, small businesses to adopt digital payments Zero fee, no hidden charge on UPI payments to merchants! Encouraging MSMEs, small businesses to adopt digital payments
Do UPI transactions or payments? Big relief! NPCI shoots message to all! Do UPI transactions or payments? Big relief! NPCI shoots message to all! "Not to fall prey," warns against additional charges from January 1
Key Highlights: 
  • UPI transactions in July rose 10%, at 11.63 million

  • In value terms, transactions stood at Rs 3,411 crore

  • NPCI says UPI gradually becoming preferred payment option


National Payments Corporation of India (NPCI) on Wednesday said that UPI (Unified Payments Interface) transactions in the month of July reached 11.63 million, up over 10% as against the same month of last year. Total money transferred using UPI in the given month stoot at Rs 3,411.35 crore. 

AP Hota, MD & CEO, NPCI said, “UPI is gradually becoming the preferred payment option for person-to-person payments due to its simplicity. Its merchant base is also growing at a rapid pace month on month for enabling wider acceptance.”

Reserve Bank of India (RBI) data show that UPI transactions for the past three months stood at 9.36 million, 10.35 million and 11.63 million while the value stood at Rs. 2,797.07 crore, Rs. 3,098.36 crore, Rs. 3,411.35 crore in May, June and July 2017, respectively. 

ALSO READ: 

  • Is UPI finally making the right bet to grow?

  • Banks to start charging for peer-to-peer payments on UPI

  • Digital economy remains a 'no-show' as transactions fails to gain momentum

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
UPIUnified Payments InterfaceNPCINational Payments Corporation of IndiaEconomyRBIdigital payments
RELATED NEWS
PhonePe logs $388bn in annual TPV run rate, crosses 1-bn UPI transactions in March PhonePe logs $388bn in annual TPV run rate, crosses 1-bn UPI transactions in March
BHIM UPI: End of all payments, transactions related problems! UPI-Help is here - All you need to know BHIM UPI: End of all payments, transactions related problems! UPI-Help is here - All you need to know
Zero fee, no hidden charge on UPI payments to merchants! Encouraging MSMEs, small businesses to adopt digital payments Zero fee, no hidden charge on UPI payments to merchants! Encouraging MSMEs, small businesses to adopt digital payments
Do UPI transactions or payments? Big relief! NPCI shoots message to all! Do UPI transactions or payments? Big relief! NPCI shoots message to all! "Not to fall prey," warns against additional charges from January 1
BIG ACHIEVEMENT! Rs 3,334 crores! BharatPe topples Google Pay in merchant UPI payment acceptance space BIG ACHIEVEMENT! Rs 3,334 crores! BharatPe topples Google Pay in merchant UPI payment acceptance space

LATEST NEWS

Infosys Buyback price: Anil Singhvi says right levels to buy stock is Rs 1280-1310

#ZBizExclusive: Anil Singhvi says SAIL steps closer to divestment, receives bids for 2 plants

Stocks in Focus on April 16: Wipro, Auto Stocks, NFL, Philip Carbon to Tata Power; here are the 5 Newsmakers of the Day

SBI Recruitment 2021: Apply for BIG salary! Vacancies announced, are you eligible? Apply now

NEET PG 2021 exam: After CBSE, NEET aspirants want exam to be postponed; decision on ICSE Class 10, Class 12 exams likely soon

Garena Free Fire Redeem Codes: Check how to get rewards like Diamond Royale, Weapon Royale vouchers and more

TAIPA Writes To NHA, Request For Inclusion Of Telecom Infrastructure Personnel Under Frontline Workers

NEET PG 2021 exam date: Important notification for Candidates, here is Latest News on examination

Anganwadi recruitment 2021: Sarkari Naukri alert! Last date to apply for over 50,000 govt jobs ends tomorrow; Class 5th to 12th pass can apply too

Gold Price today 15-04-2021: Rs 50,000! What should you do as Corona pandemic rages; expert REVEALS

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved