NPCI launches auto debit facility on UPI

Funds Instructor23 Jul, 2020News

UPI has become a popular choice for digital transactions in India. The India Digital Payments Report 2019 revealed that UPI facilitated transactions worth ? 18,36,000 crores last year, up 214 percent from 2018. �UPI is perhaps the fastest product to hit 1 billion transactions-a-month in 2019 since its inception in August 2016,� the report said.

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