Digital India: UPI-based transactions grew more than 20 times since demonetization

Digital India: UPI-based transactions grew more than 20 times since demonetization — BGR — “UPI is now one of the most widely used mobile payments systems, and could reach 100 million users in a few years… UPI’s monthly transaction value shot up from $15 million before November 8 to $359 million by the end of the financial year (March 2017).”