UPI transactions crosses $100 billion for first time in October

New Delhi: India saw a whopping Rs 7.7 lakh crore (over $100 billion by value) digital transactions via unified payments interface (UPI) in October for the first time, according to latest data released by the National Payments Corporation of India (NPCI) on Monday.

In the month of October that saw record festive shopping across e-commerce platforms, digital payments witnessed 4.2 billion UPI transactions in total.

In September, the NPCI recorded digital payments worth Rs 6.54 lakh crore via 3.65 billion UPI transactions.