♦ According to the Paysecure report, Unified Payments Interface (UPI) processed nearly Rs.81 lakh crore transactions in the 2024 April-July period. This transaction number converts to a 37% increase on a year-over-year (YoY) basis.

♦ With 117.6 billion transactions in 2023, India leads in digital transactions. 

♦ UPI processed 3,729.1 transactions per second, which is a 58% surge over the 2,348 transactions every second registered in 2022.

♦ With this data, UPI surpassed China’s Alipay, Paypal and Brazil’s PIX in the number of transactions processed.

♦ UPI processed 117.6 billion transactions in 2023 – the highest in the world. In July, UPI processed Rs 20.6 lakh crore worth of transactions – marking the highest-ever monthly transaction value for UPI, surpassing the Rs 20 lakh crore mark for the third consecutive month.