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India’s UPI Hits Record Volume

Global Finance Magazine

"In August and September, the Indian payments ecosystem, Unified Payments Interface (UPI), exceeded 10 billion monthly transactions, with predictions it could soon reach 100 billion per month. To put this in perspective, according to Statista, roughly 242 billion purchase transactions worldwide involved Visa payment cards in 2022, while MasterCard processed 113 billion transactions in 2020."

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