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Paytm registers 68 million UPI transactions in February

Paytm today has become the largest contributor to the overall volume of UPI transactions during the month.

  • Published: March 2, 2018 12:00 PM IST
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Payments platform Paytm today said it has registered 68 million Unified Payments Interface (UPI) transactions in February 2018 becoming the largest contributor to the overall volume of UPI transactions during the month.

In December 2017, Paytm contributed 33 million to the overall transaction volume for UPI, which rose to 51 million in January 2018 and 68 million in February, Paytm said in a statement.

“Paytm UPI is a part of our efforts to make money transfers simpler, and bring convenient mobile payments to new and existing consumers across India,” Paytm Senior VP Deepak Abbot said.

  • Published Date: March 2, 2018 12:00 PM IST