Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 245)

2023-08-03 Finance

245.

What was the year-on-year (YoY) growth percentage of UPI transactions in July 2023?

32%

44%

58%

50%

Answer: Option

Explanation:

UPI transactions grew by 44% year-on-year (YoY) in July 2023. UPI transactions reached a value of ₹15.34 lakh crore in July 2023. UPI payments are expected to account for an impressive 90% of total transaction volumes in the retail digital payments landscape over the next five years.