Unified Payment Interface (UPI) payment volumes increased by 11.2% to 1.8 billion in September 2020 over the previous month, per data published by the National Payments Corporation of India (NPCI). For the same period, amount transacted via UPI increased by 10.3% to over ~₹329,000 crore. NPCI is a private company owned by Indian banks; it owns and operates important payments…
