1.

In which month did UPI transactions decline in volume and value terms?

Answer» Unified Payments Interface (UPI) transactions declined in volume as well as value terms in April 2023 after peaking in the previous month. Transaction volumes declined 7.96 per cent month-on-month (m-o-m) in April 2023 to 796.29 crore against 865.16 crore in March 2023, per the National Payments Corporation of India’s “UPI Monthly Product Statistics”.


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