UPI transactions hit 24.07 billion in September, NPCI data shows
In short
UPI handled 24.07 billion transactions in September, according to NPCI data.
That was 1.8% lower than August, but still 23% higher than a year earlier. The debate around MDR is still unresolved, and the reporting does not say whether any rule change will follow.
What the reporting says
UPI transactions reached 24.07 billion in September, down 1.8% from August but up 23% year on year, according to a Mint Money summary of NPCI data. The total value was ₹29.37 lakh crore, up 18% annually, and daily averages stood at 802 million transactions worth ₹97,913 crore. The immediate focus is the monthly dip amid MDR concerns, but the source does not state any policy change.
Why it matters
NPCI data showed UPI transactions at 24.07 billion in September, with total value at ₹29.37 lakh crore. Volumes fell 1.8% from August but rose 23% from a year earlier, while daily averages were 802 million transactions worth ₹97,913 crore. The report sits against ongoing MDR concerns, which matter for payment companies, merchants and users. No policy outcome was stated.