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Monday 6th of January 2025 05:24:06 PM |
IN
NPCI EXTENDS UPI VOLUME CAP DEADLINE AGAIN
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NPCI extended the compliance deadline for UPI apps to December 2026, citing user loyalty and economic viability. UPI apps like PhonePe and Google Pay dominate, with 48.4% and 37.6% transaction volumes, respectively. UPI transactions reached 15.48 billion in November 2024, up 38% year-on-year, totaling ₹21.55 trillion in value.
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NPCI EXTENDS UPI VOLUME CAP DEADLINE AGAIN
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