New Delhi: Today, National Payments Corporation of India announced the crossing of 10 billion UPI transactions in August 2023.
Writing on the X/twitter, NPCI posted, ‘It is 10 Billion+ transactions in August`23! Make seamless payments from your mobile in real-time with UPI.’
The Prime Minister, Shri Narendra Modi, commended the achievement of surpassing 10 billion UPI transactions in August 2023.
In response to a post made by NPCI, the Prime Minister posted on X that, ‘This is exceptional news! It is a testament to the people of India embracing digital progress and a tribute to their skills. May his trend continue in the times to come.’
About NPCI
National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC FasTag) and Bharat BillPay.
NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payment solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.
