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90 retail digital transactions in 5 yrs to be via UPI RBI Bulletin

Admin - one year ago
Economy
Unified Payments Interface (UPI) may account for 90% of retail digital transactions volume in the next five years, growing from 75.6% in the fiscal year 2022-2023, the RBI Bulletin said. UPI transactions in May 2023 reached ₹14.89 trillion in terms of value and 9.41 billion in volume. The Bulletin offers insights into the developments in domestic and global economies.
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