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UPI transactions cross 15 billion in a month, a sample report says

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Stock photograph used as an illustration; it does not show the place, event or people in the story. Photo: Photo: AnonymousUnknown via Wikimedia Commons (CC0-1.0)

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The fictional payments body said volume rose 4 percent from the previous month. Average transaction size was INR 1,140.

Peer-to-peer transfers made up 41 percent of volume, while merchant payments made up 52 percent. Small-ticket payments under 200 rupees accounted for more than a third of the total.

The payments body said it is working on offline payments for areas with poor networks. This story is built on a fictional report.

This is a demo story: every name, place, organisation and figure in it is fictional.

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